SUN VALLEY, ID – JULY 11: Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corporation, attends the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. (Photo by Drew Angerer/Getty Images)
UPDATED 5:22 PM PT – Wednesday, November 2, 2022
The former Chief of CBS and Paramount Global agrees to pay millions of dollars to settle sexual misconduct allegations.
According to a court filing on Wednesday, Leslie Moonves and Paramount will pay nearly $10 million to CBS shareholders as a result of sexual misconduct claims made by more than a dozen women.
This payment is in addition to a nearly $15 million settlement which is in result of a class action suit that has been awaiting approval by a New York judge.
The final approval hearing for the class action is set for Thursday.