Outside counsel to conduct investigation over misconduct allegations against Moonves

No other action was taken on this matter at today's board meeting, said CBS without mentioning Moonves or the allegations.

CBS Corp's board of directors is selecting outside counsel to conduct an independent investigation, it said on Monday, following allegations of personal misconduct against CEO Leslie Moonves.

"No other action was taken on this matter at today's board meeting," CBS said in a statement, without mentioning Moonves or the allegations.

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