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Shareholders Suit Against CBS For Les Moonves Effect Nears Settlement in SDNY

By Matthew Russell Lee, Patreon Maxwell Book
BBC-Guardian UK - Honduras - ESPN NY Mag

SDNY COURTHOUSE, May 11 – A securities lawsuit against CBS for misleading investors about Les Moonves' sexual harassment is moving toward settlement. 

      On May 11, U.S. District Court for the Southern District of New York Judge Valerie E. Caproni held a conference. Inner City Press covered it.

  Judge Caproni suggested additional language for the notice, and ordered that the parties file with Supplemental Agreement by May 13 - under seal.

It appears that the fairness hearing will be on November 3.

 The case is Samit v. CBS Corporation et al., 18-cv-7796 (Caproni)

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