Hole has been dropped from a class action lawsuit over the 2008 UMG vault fire after reportedly being told that none of their masters were destroyed
that its “dedicated global team is actively working directly with our artists and their representatives to provide accurate information concerning the assets we have and what might have been lost in the fire… We will not be distracted from our focus on providing our artists with full transparency even as the plaintiff’s attorneys continue to pursue these baseless claims.”
Following UMG’s response, one of the attorney’s involved in the suit, Ed McPherson released a statement to, saying, “Well, isn’t it great! After 11 years of assuring artists that basically nothing was lost in the fire, UMG is actually conducting an investigation to what was lost in the fire.” McPherson went on to criticize UMG for not creating an inventory of the masters they were storing earlier and not “enlist[ing] its dedicated global team 11 years ago” after the fire.
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