Paramount Global and former CBS chief executive Les Moonves will pay nearly $10 million to shareholders in order to put to bed the New York Attorney General's probe into sexual misconduct allegations against Moonves.
Paramount will fork over $7.25 million, while Moonves will personally pay $2.5 million years after he was ousted for allegations of sexual misconduct that span 30 years.
The $9.75 million settlement will supplement an earlier $14.75 million settlement that will be paid by Paramount's insurers.
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