The suit, first reported by The Hollywood Reporter, states that Viacom CEO Philippe Dauman, CBS CEO Leslie Moonves and other top executives “put their personal loyalty to Mr. Redstone… well ahead of their loyalty and respective fiduciary duties they owe and owed to Viacom and/or CBS and their respective shareholders.”
Read the full story at Money CNN, by Dylan Byers
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READ MORE: Sumner Redstone
The legal battle over Sumner Redstone has taken two new directions — one expected, and one much less so. In a move promised last month, Attorneys for Sumner Redstone today filed a motion to dismiss More…
A former companion of 92-year-old Sumner Redstone, claimed in court Monday that his signature on a recent document had been forged. Manuela Herzer, Redstone’s companion, presented a declaration from More…
Chairman of Viacom and CBS, 92-year-old Sumner Redstone, is a “living ghost” and subject to uncontrollable crying fits, according to a lawsuit filed Wednesday by former girlfriend Manuela Herzer. He More…
The mental competency of Sumner Redstone could be openly challenged as his longtime companion Manuela Herzer — who was ejected from Redstone’s life in October — might be set to square off against More…
The 92-year-old Mr Redstone has overwhelming control of Viacom, with a voting stake of about 80 per cent. The company has said little on the subject of his health. Mr Redstone’s daughter, Shari Redstone, More…
In the latest drama involving Viacom and Sumner Redstone, the 92-year-old executive chairman has split with his live-in girlfriend, Sydney Holland. Sources say Holland, 43, was ejected from Redstone’s More…
Tim Jensen, a former chauffeur for the 92 year old owner of CBS and Viacom Sumner Redstone, delivered a total of $1 million in cash on behalf of his boss to seven different women in Los Angeles. He made More…
