NEW YORK, Aug. 23, 2018 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of CBS Corporation (NYSE: CBS) resulting from allegations that CBS may have issued materially misleading business information to the investing public.

On July 27, 2018, media sources reported that The New Yorker would be publishing an article containing allegations that Leslie Moonves, CBS’s Chairman, President, and Chief Executive Officer, committed acts of sexual misconduct. CBS announced it would investigate these allegations. On this news, shares of CBS stock fell $3.52 or 6.12% to close at $54.01 on July 27, 2018.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by CBS investors. If you purchased shares of CBS please visit the firm’s website at http://www.rosenlegal.com/cases-1385.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. Zachary Halper, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 34th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 lrosen@rosenlegal.compkim@rosenlegal.comzhalper@rosenlegal.comwww.rosenlegal.com