Paramount Chief Jeff Shell Exits Amid Probe and Lawsuit

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Source: The Hollywood Reporter
Paramount Chief Jeff Shell Exits Amid Probe and Lawsuit
Photo: The Hollywood Reporter
TL;DR

Paramount president Jeff Shell is stepping down amid an internal investigation connected to a lawsuit from RJ Cipriani alleging Shell disclosed non-public information; Paramount says the review found no securities violations, while Cipriani and Shell are suing each other; Shell had joined Skydance’s bid to acquire Paramount, with the mega-merger looming.

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