Paramount, Moonves settle CBS shareholder #MeToo class action for $14.75 mln

Paramount Global (PARA.O) has agreed to pay $14.75 million to shareholders of the former CBS Corp in a proposed class action claiming the company's failure to disclose sexual misconduct allegations against former CBS chief executive Leslie Moonves artificially inflated the value of its stock.

Continue ReadingParamount, Moonves settle CBS shareholder #MeToo class action for $14.75 mln