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Les Moonves Denied $120 Million Severance

Les Moonves is NOT getting the big severance package he’d hoped for.

The former CBS CEO who stepped down in September amid sexual harassment allegations has been denied $120 million payout. Good Morning America reports that CBS conducted an investigation and found there were “grounds to terminate for cause.”

“With regard to Mr. Moonves, we have determined that there are grounds to terminate for cause, including his willful and material misfeasance, violation of Company policies and breach of his employment contract, as well as his willful failure to cooperate fully with the Company’s investigation,” CBS said.

The New Yorker previously published an investigation by Ronan Farrow where six women alleged that Moonves engaged in inappropriate sexual behavior, including unwanted kissing and touching over 20 years ago. Following that more women came forward.

 

We’re sure Moonves will fight this, do you think he deserves $120 million considering his alleged allegations???

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