Published 1 year ago

CBS, Moonves must pay $30.5 million for insider trading

Summary by Ground News

CBS and its former president, Leslie Moonves, will pay $30.5 million as part of an agreement. The New York attorney general's office says the network's executives conspired with a Los Angeles police captain to conceal sexual assault allegations against Moonves. At least one of those executives sold millions of dollars of stock before the allegations became public, the office says.

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The Guardian

CBS must pay $30.5m for insider trading around Les Moonves sexual assault allegations

New York attorney general’s office says CBS executives conspired with a Los Angeles police captain to conceal sexual assault allegations against Moonves

1 year ago·London, United Kingdom

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CTV News

Former CBS president must pay $30.5M for insider trading

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.

1 year ago·Canada

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The Independent

CBS and Les Moonves to pay $30.5m over claims they hid sexual assault allegations

Mr Moonves resigned in September 2018 after a string of women made allegations against him

1 year ago·London, United Kingdom

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Reuters

CBS, Moonves to pay $9.75 mln to settle N.Y. attorney general's securities claims

CBS Corp and former Chief Executive Leslie Moonves agreed on Wednesday to pay investors an additional $9.75 million to settle the New York attorney general's allegations that the company sought to cover up sexual assault claims against Moonves, including by colluding with a California police officer.

1 year ago·United Kingdom

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CBC News

CBS to pay bulk of $30M for insider trading tied to Leslie Moonves sexual assault allegation

CBS and its former president, Leslie Moonves, will pay $30.5 million US 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.

1 year ago·Canada

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Associated Press News

CBS, Moonves must pay $30.5 million for insider trading

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.

1 year ago·United States

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