CBS Corp. News

Paramount Global Settles Shareholder Suit for $122.5 Million

Paramount Global settled an investor lawsuit tied to the controversial 2019 merger of CBS Corp. and Viacom Inc. that created the company, agreeing to pay $122.5 million. The settlement with Viacom investors was reached on Feb. 27, according to a …

CBS, Former CEO to Pay $9.75M to Settle New York Probe of Handling of Misconduct

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’sallegations that the company sought to cover up sexual assault claims against Moonves, including by colluding …