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Leslie Moonves Leslie Moonves at the CBS—Showtime & CW Summer TCA Party at the Pacific Design Centre, West Hollywood. Photo

CBS Corp. has settled its Delaware Court of Chancery lawsuit against controlling stockholder National Amusements Inc., saying Monday that the company would put aside $120 million to pay former CEO Leslie Moonves, pending the outcome of an investigation into allegations that he had sexually harassed women during his time at the network.

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Tom McParland

Tom McParland of Delaware Law Weekly can be contacted at 215-557-2485 or at tmcparland@alm.com. Follow him on Twitter @TMcParlandTLI.

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