Former CBS head Les Moonves will no longer receive his massive severance attempt after several months of talks with CBS. Moonves had been booted from CBS (now ViacomCBS) in 2018 amid allegations that he mistreated and sexually harassed multiple women. He notoriously had tried to fight his firing, though, he was and is believed to have been fired with cause.
The disputes between Mr. Moonves and CBS have now been resolved, and on May 14, 2021, the parties dismissed the arbitration proceeding,’ ViacomCBS said over the weekend according to multiple reports. All of the monies will now go back to the company.