CBS and Leslie Moonves, the company's former CEO and president, reached a settlement Wednesday with the New York State attorney general, ending an investigation into allegations the company concealed sexual misconduct allegations against Moonves, misled investors and engaged in insider trading.
James' office concluded that CBS and some senior executives were aware of multiple sexual assault allegations against Moonves and"intentionally concealed those allegations from regulators, shareholders, and the public for months," according to a press release. "He assured CBS executives that he had spoken to his contacts within the LAPD and implemented controls to prevent news of the police report from leaking to the press from the LAPD," the office wrote in its press release.
"As a result, CBS and Mr. Moonves are required to pay $30.5 million, the majority of which will be returned to CBS shareholders," the office said in its press release, adding that the company"is also required to reform its HR practices around sexual harassment, including reporting and training, and provide biannual reports to OAG."Les Moonves attends an event at Lincoln Center in New York City on February 1, 2017.
I think the truth should still come out
CBS. They should go after Norah for publishing fake Russian Collusion and all the classified data leaks.
Thankss a millon