Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Paramount Global (“Paramount”) (NASDAQ: PARA) breached their fiduciary duties to Paramount and its shareholders.
The investigation concerns whether members of Paramount’s board of directors or senior management failed to manage Paramount in an acceptable manner, in breach of their fiduciary duties, and whether Paramount and its shareholders have suffered damages as a result.
On August 30, 2022, Insider reported that a former executive at Paramount-owned Nickelodeon had allegedly engaged in years of assaulting show writers, sexualizing underage girl cast members, and for providing alcohol to underage cast members, among other allegations.