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14:04 PDT 28/09/2018
by
Jeremy Barr
The company disclosed the subpoenas when filing with the SEC on Friday.
CBS Corp said Friday that it has received subpoenas from the New York District Attorney's Office and the New York Human Rights Commission regarding an investigation by two law firms into the conduct of the former director general. Leslie Moonves, the news division and broader cultural issues.
"The company cooperates with the ongoing investigation and related investigations," the company said in the case.
CBS also said that the New York State Attorney General's office had requested information about the investigation.
Citing investors and shareholders, the company said Friday that it "may receive additional regulatory and investigative requests from these entities and other entities in the future."
In early August, the company announced that two companies – Covington & Burling and Debevoise & Plimpton – are conducting a thorough investigation into the charges against Moonves and other former employees, including Charlie Rose and Jeff Fager.
The company said on Friday that the judicial investigation was "in progress".
In an 8-K form also filed with the SEC on Thursday, the company set the conditions for Joe Ianniello's position as interim CEO. "The company acknowledges and agrees to conclude its formal research process for a permanent general manager in a timely manner and that Ianniello will be a candidate and will benefit from a good faith consideration," the company said.
But, according to the deposit, Ianniello will not receive payment for acting.
If Ianniello is not chosen as the company's permanent CEO, he can leave CBS with a "good reason" and receive severance benefits and benefits.
Thursday's deposit also includes the departure of CBS long-time Communications Manager Gil Schwartz, who is entitled to $ 1,500,000 in severance pay, bonus, severance pay and other benefits. .
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