NEW YORK — CBS and its former president, Leslie Moonves, will pay $30.5 million as part of an agreement with the New York attorney general's office, which says the network's executives conspired with a Los Angeles police captain to conceal sexual assault allegations against Moonves.
"As a publicly traded company, CBS failed its most basic duty to be honest and transparent with the public and investors. After trying to bury the truth to protect their fortunes, today CBS and Leslie Moonves are paying millions of dollars for their wrongdoing," James said in a statement, calling attempts to mislead investors"reprehensible."
The captain then met personally with Moonves and another CBS executive and fed them confidential information about the investigation. The captain instructed the police officers investigating the complaint to"admonish" the woman not to go to the media with her allegations, according to the attorney general's office.
The attorney general's office said it uncovered text messages between the police captain, CBS executives and Moonves that showed efforts to prevent the complaint from becoming public.
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