CBS Corp. said it won’t pay former chairman and chief executive Leslie Moonves any of his $120 million severance package after reviewing the findings of a probe into allegations he sexually harassed and assaulted many women during his career. In a statement from the CBS board of directors, the investigation concluded that there were grounds to terminate Mr. Moonves for cause. Mr. Moonves violated company policies, breached his employment contract and intentionally failed to cooperate fully with the investigation, the board...

Source: Wall Street Journal December 17, 2018 22:28 UTC