In a March 2007 segment about finances and lifestyles of televangelists, "20/20" aired a segment by Stossel that included a clip of television minister Frederick K. C. Price, which had originally been broadcast by the Lifetime Network in 1997. Price alleged that the clip portrayed him describing his wealth in extravagant terms, when he was actually telling a parable about a rich man. ABC News twice aired a retraction and apologized for the error. The suit concluded with an out of court settlement including a public apology by ABC.