Disgraced ex-CEO Leslie Moonves has decided to challenge CBS’ conclusion that it had cause to fire him and deny him $120 million in severance. The former chief of CBS has moved ahead with an arbitration demand, a procedure that was spelled out in his separation agreement with the company.
On Dec. 17, after a months-long investigation into whether Moonves had sexually harassed several women over the course of decades, CBS announced that there were grounds to fire him with cause. Specifically, CBS said at the time that Moonves willfully violated both company policy and his employment agreement and failed to cooperate with the investigation led by two law firms hired by the company.
Although CBS didn’t make public the investigatory report, The New York Times reported last month that CBS CEO “engaged in multiple acts of serious nonconsensual sexual misconduct in and outside of the workplace,” deliberately lied during the course of the investigation and even destroyed evidence in an attempt to preserve his reputation.
Upon CBS’ announcement, Moonves’ attorney Andrew Levander put out a statement that characterized the decision as “foreordained” and “without merit,” adding that Moonves “vehemently denies any non-consensual sexual relations and cooperated extensively and fully with investigators.”
Moonves had 30 days to file an arbitration demand.