against some of the broadcasters former officers and directors, including Shari Redstone and Joseph Ianiello.
Called a derivative suit, its filed on behalf of the company, whose parent is getting the cash.
ViacomCBS changed its name to Paramount Global in February 2022.
Defendants had tried get the case dismissed, but the judge allowed all but one claim to go forward.
The company declined to comment beyond the filing, including on anything more regarding the $167 million.
However, in cases like these, Directors & Officers insurance usually covers the settlement.
