
Paramount chief resigns amid fraud suit in high-stakes Vegas dispute
Paramount President Jeff Shell is stepping down after eight months amid a legal battle with Las Vegas gambler R.J. Cipriani, who alleges fraud and breach of contract; Shell denies the claims and Cipriani’s allegations are disputed, with Paramount's Gibson Dunn review finding no securities-law violations. Shell also resigns from Paramount’s board to focus on the case as Paramount Skydance advances its merger plans with Warner Bros. Discovery and navigates regulatory approvals.


