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Les Moonves will NOT receive $120M exit package from ViacomCBS

Les Moonves will NOT receive $120M exit package from ViacomCBS as the ousted CEO drops his legal battle over 2018 firing amid sexual misconduct allegations ViacomCBS said Friday the long-running dispute with its former CEO has been resolved and Moonves has agreed to walk away from the severance package The $120 million, which had been held in a trust, will be returned to ViacomCBS The ousted TV boss is receiving some form of settlement though the amount and terms have not been revealed; he is donating it to charity Moonves was ousted from CBS in 2018 amid allegations of sexual misconduct and harassment from multiple women spanning three decades

CBS Settled for Millions With Les Moonves Accuser for Privacy Breach After Leak to NY Times: Report

CBS Settled for Millions With Les Moonves Accuser for Privacy Breach After Leak to NY Times: Report By Marisa SarnoffMar 3rd, 2021, 7:00 pm CBS reportedly paid a multi-million dollar settlement in 2019 to someone who accused disgraced CEO Les Moonves of sexual misconduct, claiming their confidentiality was violated when a draft investigation report was leaked to the New York Times, according to a report from Vanity Fair. Moonves left CBS in September 2018, following multiple reports and allegations of sexual misconduct, harassment, or assault. A report conducted by two law firms hired by CBS, Debevoise & Plimpton and Covington & Burling, was reportedly going to be used to deny Moonves the severance he claimed he was owed under his contract.

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