Shawn the Chart Guy here…According to Jim Puzzanghera of the Los Angeles Times, federal judges today tossed out the $550,000 fine levied against CBS Corp. after Janet Jackson’s breast was briefly bared during the 2004 Super Bowl halftime show, ruling that the Federal Communications Commission “acted arbitrarily and capriciously” in penalizing the network for a “fleeting image of nudity.”  Furthermore, Jackson and Justin Timberlake were considered “independent contractors” and not CBS employees, so the corporation was not liable. (more…)