New York Attorney General Letitia James says she has secured $30.5 million from CBS and its former CEO, Les Moonves, to settle insider trading claims.
Attorney General Letitia James announced Wednesday that CBS Corp. and its former CEO, Leslie "Les" Moonves, have agreed to pay a total of $30.5 million over claims of insider trading, misleading investors, and allegedly attempting to conceal sexual assault allegations against Mr. Moonves.
NY Attorney General Letitia James speaks during a press conference at the office of the Attorney General on September 21, 2022 in New York, New York. James' office announced Wednesday it secured more than $30 million from CBS and former CEO Les MoonvPolice Department captain, Moonves, and another CBS executive showing the captain "shared confidential information and worked with CBS executives" to keep the claims quiet.
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