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Former CBS chairman and CEO Les Moonves isn’t letting his $120 million severance go away without a fight and has decided to take the company to arbitration. Moonves informed CBS of his intentions Wednesday, according to a SEC filing from CBS.
The move, which had been expected, comes after the CBS board determined in mid-December that Moonves was fired with just cause and would not receive his nine-figure payout after he misled an investigation the company had launched into multiple sexual harassment allegations against him.
Moonves,
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