Off the top of my head I don't know of any cases that didn't involve sales of good and services, but clearly the law is available, CBS is selling a service and bad goods, and subject to public policy in a Presidential Election. Certainly they have been unethical immoral, and unscrupulous.
...."For example, California courts have tried to define "unfair" through a process that resembles "rule of reason" analysis - examining reasons, justifications and motives of the alleged wrongdoer and weighing the utility of the defendant's conduct against the gravity of the harm to the alleged victim. This effort, however, has not resulted in a standard that clearly guides conduct....
.....In search of an actual standard, courts have turned to Federal cases interpreting Section 5 of the FTC Act, and have held that a business practice is unfair "when it offends an established public policy or when the practice is immoral, unethical, oppressive, unscrupulous or substantially injurious to consumers." (PEOPLE V. CASA BLANCA CONVALESCENT HOMES, INC. 159 CAL. APP. 3D 509, 530 [1984])....."
http://www.pillsburywinthrop.com/topics/sample.asp?id=000057881444
but clearly the law is available, CBS is selling a service and bad goods, and subject to public policy in a Presidential Election. Certainly they have been unethical immoral, and unscrupulous. As I said, it is certainly possible to sue. CBS is, however, to me as a consumer, offering entertainment for free, if I tune in. I don't have to tune in, and the only price I pay for tuning in is having to watch some commercial advertising.
Air America is intellectually dishonest. So is O'Reilly, Imus, Meet the Press, etc. Immoral? I didn't see so much as a nipple. Unscrupulous? Of course! THis is after all politics, not bean bag.