A CBS shareholder charges in a new legal filing that corporate board members and CEO Leslie Moonves were “recklessly profligate” when they approved nearly $13 million in pay over three years for one-time chairman Sumner Redstone , after it became clear that he was “incapacitated beyond recovery.” The most damning new evidence in the amended complaint, filed in Delaware Chancery Court, comes …
Perri “Pebbles” Reid is proceeding with her $40 million lawsuit against Viacom over her depiction in the 2013 biopic, CrazySexyCool: The TLC Story. Reid says that Viacom defamed her in the film. Viacom filed a motion last year, saying that Reid had no case but a judge ruled against it last Thursday.
The Redstones are 0-for-2. Andre Bouchard, a judge at Delaware Chancery Court, has rejected a motion to dismiss Viacom’s lead independent director Frederic Salerno’s lawsuit that challenges the attempted removal of Philippe Dauman and four fellow board members from the media company’s board. The ruling allowing the case to move to the discovery stage follows what happened in Massachusetts …
Google and Viacom on Monday defeated an appeal in a nationwide class action lawsuit by parents who claimed the companies illegally tracked the online activity of children under the age of 13 who watched videos and played video games on Nickelodeon’s website. By a 3-0 vote, the 3rd U.S. Circuit Court of Appeals in Philadelphia said Google, a unit of Alphabet Inc., and Viacom Inc. …
Lawyers for media mogul Sumner Redstone on Monday filed a motion to dismiss a lawsuit in Massachusetts court alleging Redstone wasn’t mentally competent when he removed two trustees of entities that control Viacom Inc. and CBS Corp. Redstone’s attorneys are asking the probate court in Canton to toss out the lawsuit, saying Redstone has not been deemed incompetent by a court or by …