Paramount Disputes Claim by Laid-Off Staffer Who Alleged in Lawsuit That Company Failed to Provide Legally Required Advance Notice [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
Paramount said the “claims are not grounded in any fact.” The suit, filed Thursday in the U.S. District Court for the Southern District of New York, seeks class-action status. It was filed on behalf of Julian Hagins, whose employment terminated on or about Sept. 24, and “seeks the relief sought herein on behalf of all others similarly situated,” according to the lawsuit. The suit names CBS Interactive as a defendant alongside Paramount Global. A copy of the lawsuit is available at this link More from Variety Paramount, Nielsen Without TV Ratings Contract in Dispute Over Costs Paramount Close to Dropping Nielsen TV Ratings in Contract Dispute (EXCLUSIVE) Jeff Glor Exits CBS News Amid Paramount Layoffs Hagins and more than 300 other employees “who worked at and/or reported to” Paramount's headquarters at 1515 Broadway in Manhattan were provided written notification on Sept. 24 of their termination effective Sept. 30, according to the lawsuit. That, the complaint alleged, is
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News
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- Paramount Hit With Potential Class Action Over Last Month's Layoffs [Yahoo! Finance]Yahoo! Finance
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PARAA
Earnings
- 8/8/24 - Beat
PARAA
Sec Filings
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- PARAA's page on the SEC website