CBS Corp Class B Shareholder Litigation Reaches Proposed Settlement For $167.5M; Settlement Covers Holders Of Paramount Global And CBS Corp Class B Stock From Aug. 13 - Dec. 4, 2019
Portfolio Pulse from Happy Mohamed
CBS Corp Class B shareholder litigation reaches a proposed settlement of $167.5 million, covering holders of Paramount Global and CBS Corp Class B stock from August 13 to December 4, 2019.
May 26, 2023 | 3:33 pm
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NEGATIVE IMPACT
Paramount Global may be impacted by the proposed $167.5 million settlement in CBS Corp Class B shareholder litigation.
The proposed settlement of $167.5 million in the CBS Corp Class B shareholder litigation may have a negative impact on Paramount Global's stock price, as it covers holders of Paramount Global and CBS Corp Class B stock during the specified period.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
CBS Corp Class B shareholder litigation's proposed $167.5 million settlement may impact holders of PARAA stock from August 13 to December 4, 2019.
The proposed settlement of $167.5 million in the CBS Corp Class B shareholder litigation may have a negative impact on PARAA's stock price, as it covers holders of PARAA and CBS Corp Class B stock during the specified period.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50