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.