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nature boy

Member
Oct 25, 2017
8,877
The thing is from a legal standpoint is how do you prove these things happen. They are all from the 1980s-1998. In a court and legal system you need proof, it can't be he said she said that doesn't work in any form of law

He's not going to be prosecuted, statutes of limitations has passed.
They're telling their story and hopefully he doesn't get the (alleged) 100 million to leave CBS
 

Commedieu

Banned
Nov 11, 2017
15,025
companies can do their own investigations, and judge from that the status of employment.
They are people, afterall..

But unsubstantiated claims don't really have an effect on anyones employment. These companies aren't just reading a tweet from a woman, and firing someone.
 

Anthony Mooch

Banned
Oct 25, 2017
2,791
He's not going to be prosecuted, statutes of limitations has passed.
They're telling their story and hopefully he doesn't get the (alleged) 100 million to leave CBS
well the thing is the contract most likely doesn't have a morality clause so hes gonna get the money. I don't think people understand how contracts work and producing credits etc.
 

Deleted member 5853

User requested account closure
Banned
Oct 25, 2017
12,725
well the thing is the contract most likely doesn't have a morality clause so hes gonna get the money. I don't think people understand how contracts work and producing credits etc.
It does, but the issue lies more with the law firm handling the investigation and this point of Moonves' contract.
His current employment contract, which was reviewed by The New Yorker, lays out a number of grounds for firing him, including violating the company's sexual-harassment policies. But the contract also allows him to depart of his own volition, with generous compensation, for a range of reasons, including any diminishment of his responsibilities, or, if, at any time, a majority of the CBS board members change. That proviso has given Moonves sway over the makeup of the board—the group now responsible for investigating him. The vast majority of board members are allied with Moonves in an ongoing legal battle between Shari Redstone, the president of the holding company that controls Viacom and CBS, who has sought to merge the companies, and Moonves, who has resisted that effort. (None of the women who made allegations about Moonves in this story were familiar with, or linked to, the corporate battles at CBS.)

The board appointed two law firms, Covington & Burling and Debevoise & Plimpton, to investigate the allegations against Moonves. A number of individuals whom the firms have asked to interview said that they were concerned about the independence of the two firms, given the large amount of legal work they do for CBS. "If you knew how much money these firms were making from the mergers and acquisitions and the business side of CBS, there's no way you'd think they're impartial," one former executive who occupied senior positions on the CBS and Viacom legal teams told me. (Representatives for both law firms declined to comment.)
In essence, the shareholders can't take away responsibilities from him otherwise he can leave with a generous sum. The shareholders can't change who's in charge of the investigation otherwise Moonves leaves with a parachute. They can only push Moonves out if sexual harassment has been proven by the law firms, and even then the firms handle such a large volume of CBS' financial work that there's a real worry they might fudge the investigation to retain CBS' business.

Basically, there's a real worry that corruption will render the investigation meaningless and that Moonves will find a way to get all of his money. Hell, even the worst case scenario for the man is that he gets $50 million instead of $100 million.
 

berzeli

Member
Oct 25, 2017
3,384
Deadline is reporting that the $100M is now off the table;
"The lawsuit stuff is basically wrapped up, but the $100 million being discussed last week for Leslie is off the table," an insider says. "Board members are looking at these New Yorker claims and there are now talks of him leaving for cause, which changes everything."

Currently in a what is an extremely fluid and bump situation, we've learned, with legal and corporate potholes galore, a figure of around $25 million to $35 million is in play for the very well compensated Moonves. Added into the increasingly bottoming out bottom line for Moonves to leave with is "substantial information," as one corner office source termed it, in the on-going investigations into previously reported sexual misconduct by CEO and the culture at CBS.

Having accelerated in the past 24 hours, the talks by CBS independent board members led by former Viacom exec Bruce Gordon are still aiming for the "all-encompassing settlement."

Grain of salt because Deadline doesn't bat a 1000 when it comes to corporate infighting.
 
OP
OP
Goodstyle

Goodstyle

Banned
Nov 1, 2017
1,661
The thing is from a legal standpoint is how do you prove these things happen. They are all from the 1980s-1998. In a court and legal system you need proof, it can't be he said she said that doesn't work in any form of law
It didn't stop in the 90s, he was sexually harassing Hotel staffers well into the 2000s. I know you're talking legally, but I want to establish that he didn't stop this behaviour decades ago, he was still at it in the 2000's at least. This is just the people willing to come forward too.
 

Famassu

Member
Oct 27, 2017
9,186
Feels wrong when someone does crimes and gets a payout that is far larger than 99% of people on this planet would make in a dozen lifetimes.
 

Anthony Mooch

Banned
Oct 25, 2017
2,791
I wonder how soon the Viacom, Cbs merger is. I guess Colbert can be his old character again as soon as its official
 

berzeli

Member
Oct 25, 2017
3,384
Kim Masters of The Hollywood Reporter is also reporting on no settlement for Moonves:


THR is much better than Deadline on corporate matters so you can decrease the sodium intake on this angle now. Not a sure thing, but boy I hope he gets fucking nothing.
 
OP
OP
Goodstyle

Goodstyle

Banned
Nov 1, 2017
1,661
New update on the New Yorker article:

Update: Three hours after the publication of this story, CNN reported that Moonves will step down from his position at CBS. A person familiar with the discussions said that Moonves will no longer receive any of his exit compensation, pending the results of the independent investigation into the allegations, and that a portion of the amount he would have received will be donated to organizations focussed on sexual harassment and assault.
 

Deleted member 5853

User requested account closure
Banned
Oct 25, 2017
12,725
He used his alter ego on the cbs show this year.
He used a "legally distinct" copy of the alter ego. He's not allowed to use the actual "Stephen Colbert", but rather the character's "identical twin cousin." IT's also why "The Late Show" can't do segments of "The Word", and why he rebranded it to "The Werd."
 

Arttemis

The Fallen
Oct 28, 2017
6,200
well the thing is the contract most likely doesn't have a morality clause so hes gonna get the money. I don't think people understand how contracts work and producing credits etc.

Update: Three hours after the publication of this story, CNN reported that Moonves will step down from his position at CBS. A person familiar with the discussions said that Moonves will no longer receive any of his exit compensation, pending the results of the independent investigation into the allegations, and that a portion of the amount he would have received will be donated to organizations focussed on sexual harassment and assault.
 

NYR

Member
Oct 27, 2017
2,020
If he resigns that means less Chenbot and hopefully the end of Big Brother. PLEASE HAPPEN. I've always hated this guy and now I have even more reason to.
Ever heard the phrase - "what I eat don't make you shit"? I have no idea how something existing and you not enjoying it has any impact on your life. Get your shit in order, chill out.
 

mrmoose

Member
Nov 13, 2017
21,175
User Warned: Racial Stereotyping
She was pressured to undergo plastic surgery to become a reporter. So, uh, can't say I feel sorry for yet another Asian female buckling under pressure to please a rich white guy.

I understand what you're saying, but Asia and plastic surgery go hand in hand, what's the outrage exactly here?
 

berzeli

Member
Oct 25, 2017
3,384
He's out!

Leslie Moonves Departs as Chairman and CEO
Moonves and CBS will donate $20 million to one or more organizations that support the #MeToo movement and equality for women in the workplace. The donation, which will be made immediately, has been deducted from any severance benefits that may be due Moonves following the Board's ongoing independent investigation led by Covington & Burling and Debevoise & Plimpton. Moonves will not receive any severance benefits at this time (other than certain fully accrued and vested compensation and benefits); any payments to be made in the future will depend upon the results of the independent investigation and subsequent Board evaluation.
note that the language doesn't hinder future severance payments to Moonves
 

Anthony Mooch

Banned
Oct 25, 2017
2,791
If the fact hes getting 0 money it means theres a video or photo evidence out there. He could have easily gotten the money if there was no actual proof outside statements
 

Anthony Mooch

Banned
Oct 25, 2017
2,791
Doesn't Les still have the stocks? Those are his so hes gonna get money also he still gets residuals for everything hes considered an EP on which is 2 decades worth of CBS shit. That comes from SAG rules and what not
 
Oct 26, 2017
5,435
Disappointing about this guy but not surprising . Wonder what his wife is going through at the moment and if she even knew or didn't care.
 

CDX

Member
Oct 25, 2017
3,476
Disappointing about this guy but not surprising . Wonder what his wife is going through at the moment and if she even knew or didn't care.
This is what Les Moonves' wife said a month ago when the first news article came out





Who knows what she thinks today, now after more allegations came out.
 

Deleted member 3812

User requested account closure
Banned
Oct 25, 2017
8,821
CBS' press release states that Moonves and CBS will be donating "$20 million to one or more organizations that support the #MeToo movement and equality for women in the workplace": https://www.cbscorporation.com/cbs-...ce-disputes-and-transition-to-new-leadership/

NEW YORK – Sept. 9, 2018 – CBS Corporation (NYSE: CBS.A and CBS) ("CBS" or "the Company") today announced a settlement agreement with National Amusements, Inc. ("NAI"), members of the CBS Board of Directors, and related parties. Under the terms of the settlement, which have been approved by the Boards of Directors of CBS and NAI, the parties agreed to dismiss their pending litigation in Delaware. The full Board of CBS (following the unanimous recommendation of the Special Committee of the Board) has unanimously rescinded the previously announced Class A share dividend, and NAI has amended the Bylaws to undo the previous amendments that it adopted following filing of the Delaware litigation.

Concurrently with the settlement, Leslie Moonves will depart as Chairman, President and Chief Executive Officer effective immediately. Chief Operating Officer Joseph Ianniello will serve as President and Acting CEO while the Board conducts a search for a permanent successor. Mr. Ianniello, who joined the Company in 2005, has been COO of CBS since June 2013. The Chairman position will remain open pending the appointment of a permanent CEO.

Moonves and CBS will donate $20 million to one or more organizations that support the #MeToo movement and equality for women in the workplace. The donation, which will be made immediately, has been deducted from any severance benefits that may be due Moonves following the Board's ongoing independent investigation led by Covington & Burling and Debevoise & Plimpton. Moonves will not receive any severance benefits at this time (other than certain fully accrued and vested compensation and benefits); any payments to be made in the future will depend upon the results of the independent investigation and subsequent Board evaluation.