Dec
18
The NAACP boycotts Facebook and Instagram, and CBS denies Les Moonves severance pay: Tuesday Wake-Up Call
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Les Moonves won’t get any severance pay from CBS. The former chairman and CEO stepped down in September amid multiple allegations of sexual misconduct, and the CBS board hired two laws firms to investigate, and to determine if Moonves was eligible for a $120 million exit payment. The answer: No. CBS cited Moonves’ “willful and material misfeasance, violation of company policies and breach of his employment contract.”
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