Former CEO, Les Moonves loses $120M Severance

Former CBS CEO, Mr. Les Moonves, has lost his $120 million severance following a sexual misconduct investigation conducted by CBS. Mr. Moonves, who was ousted in September, was alleged to have sexually harassed over a dozen women.  Mr. Moonves denies these allegations. After the investigation into sexual harassment at the company, CBS announced that it was rolling out new policies to combat misconduct.