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CBS Sued By Shareholder After Moonves Investigation

2018-08-28 0 Dailymotion

According to The Wrap, a CBS stockholder sued the network and its top executives due to a drop in the company's share price.<br />Gene Samit sued CBS on behalf of others, and intends to make the case a class-action lawsuit.<br />Samit filed the suit for anyone who purchased CBS stock between February 14, 2014 and July 27, 2018.<br />Towards the end of July, CBS began an investigation into CEO Leslie Moonves for accusations of sexual harassment, which led to a decline in CBS's stock price. <br />

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