Les Moonves and Paramount to Pay $9.75M to CBS Shareholders in Deal With N.Y. Attorney General Over Sexual Misconduct Claims

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Les Moonves and Paramount to Pay $9.75M to CBS Shareholders in Deal With N.Y. Attorney General Over Sexual Misconduct Claims
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According to New York Attorney General Letitia James, an LAPD officer who had worked as a security guard for Les Moonves tipped him off about a sexual assault claim made against him

The deal was referenced among a list of other litigation updates in its Nov. 2 quarterly filing with the U.S. Securities and Exchange Commission, and further details were outlined in a Wednesday letter to the New York federal judge overseeing the nearly-settled securities class action. Then, Wednesday afternoon, the office of N.Y.

The settlement announced by James also bars Moonves from serving as an officer or director of any company that does business in New York without first securing approval from her office. “CBS and Leslie Moonves’ attempts to silence victims, lie to the public, and mislead investors can only be described as reprehensible,”

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