“The conclusions of the CBS board were foreordained and are without merit,” says Les Moonves’ attorney in reaction to the decision announced today to give the now fired with cause and much accused former CEO nothing in severance. At the same time, Gloria Allred wants the investigation into Moonves’ behavior and the culture at CBS made public and monies to women “who can prove they are victims.”
Having resigned in disgrace in September as yet another round of sexual misconduct exposes were made public, Moonves had a $120 million package in his contract with the now Shari Redstone dominated company that he made into the most watched network in America. The already well heeled Moonves won’t be unable to pay his Visa bill anytime soon but the loss of that golden parachute had to be a harsh fall on top of weeks of media water torture via a draft of the investigator’s report that was leaked.
CBS Says No $120M Severance For Les Moonves; Terminated For Cause, Declares Board
“Consistent with the pattern of leaks that have permeated this ‘process;, the press was informed of these baseless conclusions before Mr. Moonves, further damaging his name, reputation, career and legacy,” added Andrew Levander of the completion of the investigation into the once near omnipotent exec’s misconduct over what appears to be decades and the subsequent cover-up – which is always what gets them.
“Mr. Moonves vehemently denies any non-consensual sexual relations and cooperated extensively and fully with investigators,” the Dechart partner and former Assistant U.S. Attorney for the Southern District of New York in the Securities and Commodities Fraud Unit concluded.
All of which is a nicely worded opening salvo to what is certain to be a long legal action in arbitration or elsewhere as Moonves goes after the now Joe Ianniello run CBS and the investigating law firms for the leaks and his money.
This is after all, the man who gave the green light to Survivor.
“The public has a right to know who at CBS was aware of Mr. Moonves’ alleged misconduct and when they knew of it,” the lawyer who is representing four women who participated in the investigation after claiming Moonves victimized them.
Allred also thinks CBS should put the $120 million that would have been Moonves’ money where the right thing to do is. “Instead of keeping this money and rewarding their corporation for Mr. Moonves’ alleged misconduct, they should share these many millions with those who can prove that they are victims,” she adds. “CBS will not be able to remove the stain on their reputation and the stench of this scandal unless and until they take care of those who were victimized.”
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