CBS Has Cause To Deny Les Moonves $120 Million After Sexual Misconduct Claims: NYT

CBS Has Cause To Deny Les Moonves $120 Million After Sexual Misconduct Claims: NYT

Terrorism
CBS had cause to fire its former chief executive, Les Moonves, over multipleMoreCBS had cause to fire its former chief executive, Les Moonves, over multiple allegations of sexual misconduct, according to a draft report on his departure obtained by The New York Times.The report compiled by two law firms found that Moonves, facing the prospect of losing his lucrative job, intentionally destroyed evidence and misled investigators to save his $120 million severance package. The document, which is only a draft and may change before it’s presented to the CBS board next week, also included previously undisclosed allegations of sexual misconduct.The New Yorker first reported in July that a dozen women had accused Moonves of sexual harassment or assault. Moonves was forced to step down in September, and the CBS board said both he and the company would jointly donate $20 million to women’s equality groups, deducted from any severance benefits. Moonves has vehemently denied the allegations and moved to paint some incidents as consensual.Some worried that Moonves’ ironclad contract would protect his payout despite the claims. His most recent deal stipulated that he had to be fired with cause, which included fraud, felony conviction or failure to cooperate with company investigations or ....


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