CBS CEO Accused of Sexual Misconduct As Stock Plummets

Caleb Tolin | July 27, 2018
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Les Moonves, the CEO of CBS who won a Pulitzer Prize for breaking Harvey Weinstein misconduct allegations, has reportedly been accused of sexual misconduct himself, including unwanted kissing and touching.

While nothing has been confirmed, the original report is soon to be released by The New Yorker, according to The Hollywood Reporter.

“All allegations of personal misconduct are to be taken seriously," CBS told THR. "The Independent Directors of CBS have committed to investigating claims that violate the Company’s clear policies in that regard.”

CBS has done quite a bit of recent reporting on sexual misconduct allegations and sex scandals.

In March, Stormy Daniels was on CBS’s 60 Minutes talking about her affair with President Trump. In February, the network covered Karen McDougal’s alleged affair with Trump and have continued with that story ever since Michael Cohen released a tape of a secret meeting with Trump about the affair.

Now, with all that time spent on reporting sexual misconduct allegations, one would think they would take a look in the mirror. Apparently not.

CNN reported that by only 20 minutes after the announcement of the New Yorker article, CBS’s stock had dropped 6 percent. This could have to do with the fact that CBS is already involved in one legal battle between Moonves and CBS Vice Chair Shari Redstone.

“Upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the board will promptly review the findings and take appropriate action,” CBS’s statement said.

The New Yorker article is scheduled to be released at an unannounced time on Friday. When asked for a statement, The New Yorker cited their policy of not commenting on a piece that is not yet published.