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Jeff Shell Officially Out as Paramount’s President
(variety.com)
Seems like Paramount’s doing everything they can to distance the organization from any illegal action Shell may have taken. Due diligence but a definite cutting of ties.
Paramount Skydance issued a statement Wednesday confirming that Shell was departing, saying that the executive was stepping down to “focus” on the lawsuit filed by Cipriani. The company also said its independent investigation found that Shell did not violate any securities laws.
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