CBS must pay $30.5m for insider trading around Les Moonves sexual assault allegations
by Associated Press from World news | The Guardian on (#65DFH)
New York attorney general's office says CBS executives conspired with a Los Angeles police captain to conceal sexual assault allegations against Moonves
CBS and its former president, Leslie Moonves, will pay $30.5m 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.
Under the deal announced Wednesday by the attorney general, Letitia James, the broadcast giant is required to pay $22m to shareholders and another $6m for sexual harassment and assault programs.
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