Subrat Patnaik

Al Jazeera rejected allegations from Al Gore and Joel Hyatt, the founders of Current TV, saying they were false and potentially misleading.

Al Jazeera acquired Current TV for an estimated $500 million in 2013. Gore and Hyatt filed a lawsuit against the company for fraud and material breaches of the acquisition.

Al Jazeera America said that Gore and Hyatt's assurances of contract compliance were inaccurate and that third parties contend that Current TV breached its contracts while the group ran the channel. The company said the Gore-Hyatt group promised to indemnify Al Jazeera if, after the sale, the company was sued for breach of any of these contracts while Gore and Hyatt ran the channel.