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Haeggquist & Eck, LLP Investigates CBS’s Board Regarding Allegations that CEO Leslie Moonves Sought to Keep Sexual Assault Claim Quiet

December 3, 2018

SAN DIEGO--(BUSINESS WIRE)--Dec 3, 2018--Haeggquist & Eck, LLP, a leading shareholder rights litigation firm, is investigating whether certain directors and officers of CBS Corporation (“CBS” or the “Company”) (NYSE: CBS) breached their fiduciary duties to the Company and its shareholders. If you are a CBS shareholder, you are encouraged to contact Haeggquist & Eck for additional information.

The New York Times revealed in a recent report that CBS Chairman-CEO Leslie Moonves tried to buy the silence of actress Bobbie Phillips and her manager by offering her acting work. Phillips told the Times that Moonves physically forced her to perform oral sex on him after he exposed himself to her, and told her, “Be my girlfriend and I’ll put you on any show.” This incident was a key factor in the Board’s recent decision to force Moonves out his job.

Haeggquist & Eck is investigating whether members of CBS’s Board made false or misleading statements and/or failed to disclose that: (1) CBS executives, including Moonves, had engaged in widespread workplace sexual harassment at CBS; (2) CBS’s enforcement of its own purported policies was inadequate to prevent the foregoing conduct; (3) this conduct, when revealed, would foreseeably subject CBS to heightened legal liability and impede the ability of key CBS personnel to execute the Company’s business strategy; and (4) as a result, CBS’s public statements were materially false and misleading at all relevant times.

What You Can Do

If you are a CBS shareholder, you may have claims against the Company’s directors and officers. If you wish to discuss this notice or if you have questions about this notice or your legal rights, please contact Amber Eck at 619-342-8000 or e-mail her at ambere@haelaw.com. There is no cost or obligation to you.

Haeggquist & Eck, LLP is a nationally recognized leader in shareholder rights law. The firm represents individual investors in shareholder derivative lawsuits, and members of the firm have helped shareholders recover more than $1 billion of value for themselves and the companies in which they have invested.

This release constitutes attorney advertising. Past results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005037/en/

CONTACT: Haeggquist & Eck, LLP

619-342-8000

Amber Eck,ambere@haelaw.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Haeggquist & Eck, LLP

Copyright Business Wire 2018.

PUB: 12/03/2018 09:00 AM/DISC: 12/03/2018 09:01 AM

http://www.businesswire.com/news/home/20181203005037/en

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