Ex-CBS CEO Les Moonves to challenge severance denial

NEW YORK (AP) --- Former CBS CEO Les Moonves is fighting the company's decision to deny his $120 million severance package following his firing over sexual misconduct allegations. Moonves is demanding binding arbitration proceedings to challenge the decision, CBS announced in a filing Thursday with the Security Exchange Commission. The company's board of directors denied Moonves his severance last month after concluding that he violated company policy and did not cooperate with an investigation into the sexual misconduct allegations. Moonves, one of television's most influential figures, was ousted in September after allegations from women who said he subjected them to mistr...Keep on reading: Ex-CBS CEO Les Moonves to challenge severance denial

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