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CBS Fires CEO Leslie Moonves and Denies $120M Severance

CBS said on Monday it has fired Leslie Moonves for cause and has denied a $120 million severance package as it girds for a likely legal battle with its former chief executive who has been accused of sexual harassment and assault that allegedly took place before and after he joined the company. The decision to deprive Moonves of his severance follows a board of directors review of the findings of an investigation into Moonves' behavior and the CBS culture conducted by two law firms,...

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