New: A daily newsletter defining what matters in business and markets

Stories

CBS says it was subpoenaed over Moonves allegations

Leslie Moonves shawdowed out on the stage at a conference
Then CBS Corp. CEO Leslie Moonves. Photo: Justin Sullivan/Getty Images

CBS Corporation received subpoenas Friday from the Manhattan District Attorney’s Office and the New York City Commission on Human Rights related to the allegations of sexual harassment by then-CEO Leslie Moonves and others, The Wall Street Journal reports.

Why it matters: Those efforts of prosecutors from outside the company to look into the sexual harassment allegations involving Moonves are the first since he left the company. CBS hired two law firms to investigate allegations against Moonves along with other claims, per a Securities and Exchange Commission filing. Moonves departed the company after a second Ronan Farrow report was published by the New Yorker in mid-September detailing allegations from six more women of misconduct by the TV veteran.

More stories loading.