Gabelli described the lawsuit as meritless and called it "tantamount to greenmail". In the late 1980s, Perelman was accused of engaging in greenmail. The St. Regis Paper Company provides an example of greenmail. In 1984, Occidental Petroleum paid $194 million greenmail to David Murdock. In a fictional context, greenmail tactics are prominently used in the 1987 film "Wall Street".