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Samit v. CBS Corporation et al

  1. November 07, 2022

    CBS Investors' Attys Get $3.6M In Moonves #MeToo Case

    Counsel from Robbins Geller Rudman & Dowd LLP have been awarded $3.6 million for their work securing a $14.7 million settlement for a class of CBS Corp. investors who claimed the company's former CEO Les Moonves' alleged sexual misconduct tanked the broadcasting giant's shares.

  2. April 15, 2022

    CBS Inks $14.7M Deal To End Investors' #MeToo Class Action

    CBS Corp. has agreed to pay $14.7 million to end a putative investor class action claiming revelations about former CEO Les Moonves' alleged sexual misconduct tanked the broadcasting giant's shares, according to a bid for preliminary approval of the deal in New York federal court Friday.

  3. June 24, 2021

    CBS Says Goldman Ruling Helps Its #MeToo Suit Cert. Fight

    CBS Corp. and former CEO Les Moonves told a New York federal judge Wednesday that the U.S. Supreme Court's recent decision to vacate certification for a class of Goldman Sachs investors supports their own bid to stop a suit over sexual misconduct allegations from proceeding as a class action.

  4. May 19, 2021

    CBS, Moonves Fight Class Cert. For Investors' #MeToo Suit

    CBS Corp. and former CEO Les Moonves have told a New York federal judge that while a securities suit over sexual misconduct allegations against Moonves did manage to "narrowly survive" the pleading stage, it has no business proceeding as a class action.

  5. August 03, 2020

    CBS Investors Seek Class Cert. In #MeToo Suit Over Moonves

    CBS Corp. shareholders asked a New York federal judge to certify their proposed class action over revelations about former CEO Les Moonves' alleged sexual misconduct that tanked the broadcasting giant's shares, arguing that they "easily" fulfill all of the federal requirements.

  6. February 21, 2020

    CBS Investors In #MeToo Suit Must Show Moonves Hurt Stock

    A Manhattan federal judge on Friday said a potential class of investors targeting CBS Corp. in relation to the #MeToo movement must prove former CEO Les Moonves made reassuring statements before revelations about his own alleged sexual misconduct tanked CBS shares.

  7. January 16, 2020

    Moonves Must Face Trimmed Investor Suit Over Harassment

    Former CBS CEO Les Moonves couldn't fully shake securities fraud claims Wednesday in a shareholder suit over the sexual harassment allegations against him, even as a New York federal judge trimmed claims against more than a dozen other executives and directors from the suit.

  8. June 12, 2019

    CBS Execs Nabbed $200M As Scandals Brewed, Investors Say

    CBS and Les Moonves must face claims they committed securities fraud by touting their workplace ethics as sexual assault allegations piled up around the former CEO so that insiders could pocket over $200 million before CBS stock took a nose dive, investors insisted.

  9. April 16, 2019

    CBS, Moonves Fight Stock-Drop Suit Over #MeToo Scandal

    CBS and Les Moonves are separately pushing back on an investor's bid to hold them liable for hits to the broadcasting giant's stock as sexual harassment allegations swirled around the embattled former CEO.

  10. August 27, 2018

    CBS Hit With Stock-Drop Suit Over Sexual Harassment Claims

    Investors hit CBS with a stock-drop suit in New York federal court on Monday over sexual harassment allegations against CEO Leslie Moonves, saying the company's misrepresentation of its compliance with internal anti-harassment policies led to a $3.52 stock price decline.

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