Olbermann sues Current TV, seeks $70 million

Keith Olbermann filed a breach of contract suit in Los Angeles Superior Court today and accused his former Current TV employers, Al Gore and Joel Hyatt, of reneging on agreements and bungling the television channel. "Dilettantes portraying entertainment industry executives," the suit says of Current's founders. "Olbermann deeply regrets his decision to put his trust in Hyatt and Gore." Current spokesman Chris Lehane called Olbermann's allegations "false and malicious," adding that "Current terminated Keith Olbermann last Thursday for serial, material breaches of his contract, including the failure to show up at work, sabotaging the network and attacking Current and its executives.... We hope Mr. Olbermann understands that when it comes to the legal process, he is actually required to show up."