Viacom investor loses appeal on Redstone’s salary

By on Jun, 2 2014 with Comments 0

Viacom-logoViacom investor Robert Freedman has lost a bid to revive a lawsuit claiming Chairman Sumner Redstone and two top executives were overpaid, when a U.S. appeals court refused to “second guess” the judgment of the company’s board.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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