The broadcast giant is required to pay $22 million to shareholders and another $6 million for sexual harassment and assault programs.
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 to compensate the network’s shareholders, as part of an insider trading investigation and for concealing 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,” Attorney General Letitia 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 also 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.
He also wrote a note to Moonves saying, “I’m deeply sorry that this has happened. I will always stand with, by and pledge my allegiance to you.”
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
CBS, ex-chief Les Moonves to pay $30.5 million for insider tradingNew York Attorney General Letitia James says she has secured $30.5 million from CBS and its former CEO, Les Moonves, to settle insider trading claims.
Leer más »
Loyalties Of Ex-LAPD Captain Scrutinized After He Tipped Off Ex-CBS Exec Les MoonvesProsecutors say Cory Palka leaked a sexual assault victim’s confidential police report to Moonves, who previously employed him as a private bodyguard.
Leer más »
CBS and Les Moonves to Shell Out $30 Million in Settlement Over Sexual Assault AllegationsIn 2018, then-CEO Moonves was forced to part ways with CBS following scores of sexual misconduct allegations that he and the network tried to cover up.
Leer más »
Moonves, CBS to pay $30.5M for insider tradingUnder the deal announced Wednesday by Attorney General Letitia James, the broadcast giant is required to pay $22 million to shareholders and another $6 million for sexual harassment and assault pro…
Leer más »
Penn Station developer backs off $22 billion project after years working behind the scenes with NY governorA real estate giant’s unexpected decision to back off its key role in the $22B redevelopment of Penn Station marks a stunning split from the governor’s office after years of behind-the-scenes collaboration, newly disclosed emails show.
Leer más »