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Les Moonves will not be receiving any severance from CBS.
The disgraced executive was set to walk away with a $120 million golden parachute if an investigation into his allegations of sexual misconduct found that there were not grounds to terminate him for cause.
Investigation - Reasons - Network
That investigation found multiple reasons however according to the network.
In a statement released on Monday, CBS said that Moonves' 'willful and material misfeasance, violation of Company policies and breach of his employment contract, as well as his willful failure to cooperate fully with the Company’s investigation' justified the board's decision to oust the president and chairman earlier this year.
Specifics - Time - Week - Investigators - Son
There are few specifics at this time, but it was revealed last week that Moonves had given investigators' his son Charlie's iPad instead of his own when asked to hand over the tablet.
Moonves stepped down as the Chairman and CEO of CBS in September after multiple women accused him of either forcing himself on them or being sexually inappropriate.
CBS - Law - Firms - Moonves - Allegations
CBS hired two law firms to investigate Moonves following the allegations and now, a New York Times report has revealed the findings of those firms - as detailed in a draft report.
In the report, investigators found that Moonves 'received oral sex from at least four CBS employees'.
Investigators - Instances - Extent - Hint - Relationship
Investigators noted that the instances were 'transactional and improper to the extent that there was no hint of any relationship, romance, or reciprocity'.
Though the lawyers were not able to speak directly with all of the women, they determined that 'such a pattern arguably constitutes willful misfeasance and violation of the company's sexual harassment policy'.
Lawyers - Findings - Reports - Network - Employee
The lawyers also wrote in their findings that they had received 'multiple reports about a network employee who was "on call" to perform oral sex' on Moonves.
Moonves reportedly admitted to receiving oral sex from the woman but claimed it was 'consensual'....
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