Members spent much of the weekend discussing what immediate actions it should take after sexual misconduct allegations against the C.E.O. were published by The New Yorker.
The company’s board of directors said it would start an investigation after a report that a forthcoming New Yorker article would detail allegations of sexual misconduct against Mr. Moonves.
A new lawsuit suggests that a proposed merger between CBS and Viacom was just step one in a larger plan. It also asserts Ms. Redstone’s control of CBS.
The ruling was a victory for Ms. Redstone in her effort to merge CBS with its corporate sibling, Viacom, over the objections of Leslie Moonves, the network’s chief executive.
CBS Corp. essentially declared war on Shari Redstone on Monday, filing a lawsuit intended to thwart her effort to push through a merger of CBS and Viacom Inc. The company is seeking a temporary restraining order to prevent Redstone and National Amusements Inc. — the Redstone family investment vehicle...