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The Independent UK

National

Bobby Caina Calvan

CBS, Moonves must pay $30.5 million for insider trading

Leslie Moonves CBS Police Ian Metrose Los Angeles Letitia James New York sexual assault

Evan Agostini/Invision/AP

CBS and former CEO Les Moonves are set to pay $30.5m to resolve claims they hid sexual assault allegations against the executive and for alleged insider trading.

New York Attorney General Letitia James announced that an investigation by her office had found that the media company and its senior leadership knew about multiple allegations made against Mr Moonves.

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