Rebel did not immediately get back to us. While Judy's been gracious in public about the split -- including a pleasant appearance on 'Ellen' -- we're told there's no love lost between her and the network. On Wednesday, U.S. District Court Judge Valerie Caproni issued a 48-page decision on CBS' motion to dismiss. She was already producing the show "Hot Bench," and was said to be developing other projects as well under CBS, like the court drama "Her Honor" which woulda been based on her life. (Rebel is the company that succeeded the talent agency that originally packaged “Judge Judy.”). The opinion (read in full here) adds that the misleading aspect of Moonves' statement has been adequately alleged to be material. Now Rebel says it’s owed money from the sale of the show’s library, and the new suit even alleges incompetency on the part of disgraced CBS mogul Les Moonves in the library sale. Your Ad Choices "A reasonable investor could have understood Moonves’s statement to mean that he did not have exposure to sexual misconduct allegations, thus providing reassurance that Moonves, the one executive that the Company and analysts viewed as crucial to CBS’s continued success, would not be compromised by the #MeToo Movement. As such, she's hanging it up and CBS and will ride out this last season, which marks 25 years on the air. A federal judge is allowing a group of CBS shareholders to pursue a lawsuit over what investors were told about sexual misconduct allegations at the company. January 15, 2020 Get TMZ breaking news sent right to your browser! But Sheindlin told us in response to the suit, referring to Rebel Entertainment president Richard Lawrence: “I have not seen the complaint and can therefore only comment on what I have read which suggests that I am being sued for ‘breach of contract.’ If that is the basis of Mr. Lawrence’s lawsuit, here is my challenge: If Mr. Lawrence can produce a contract, signed by me and Mr. Lawrence on the same page, at any time in history from the beginning of time, I will toast that contract, smear it with cream cheese and eat it on national television.”, The suit against Sheindlin, CBS and its Big Ticket Entertainment division is just the latest in a long-simmering legal war involving Rebel and the show. Although sharply narrowing the focus of the suit that was filed in the wake of a New Yorker exposé about ex-chairman Leslie Moonves, the legal action will nevertheless proceed. Do Not Sell My Personal Information, Your California Privacy Rights 5,960, This story has been shared 5,280 times. Other defendants, though, including controlling shareholder Shari Redstone and Joe Ianniello, escape the case. Back in 2005, Sumner Redstone decided to split Paramount into two separate entities. Julie Chen got married to media executive Les Moonves in 2004, with the two going on to become a power couple in media. Judge Allows CBS Shareholder Lawsuit Thanks to What Leslie Moonves Said About #MeToo. The suit alleges that Moonves then covered his tracks by buying the rights for between $95 million and $99 million to avoid scrutiny since only purchases over $100 million would need approval. Les is, of course, Les Moonves the former chairman of CBS who resigned in 2018 after several allegations for sexual harassment and abuse were … "The Amended Complaint includes extensive and specific allegations that Moonves sexually harassed and assaulted employees and non-employees — precisely the sort of behavior that #MeToo reporting was ferreting out and precisely the conduct that his Variety statement impliedly distanced himself from," explains the opinion. CBS/Viacom and Paramount studios proper. A new regime has taken over ... and we're told they and Judy just haven't been seeing eye-to-eye on a lot of things she and Les were square on. He has been married to TV personality Julie Chen since 2004. The opinion finishes by detailing the next steps. They have decided to monetize their 'Judge Judy' library of reruns." Specifically, we're told Judy was being shut down left and right on possible new shows she developed ... something we're told was she'd be able to do under her latest contract with them, but hasn't been realized after Moonves was ousted in 2018. Sorry, your blog cannot share posts by email. TMZ.com. Sitemap In the meantime, discovery continues to be paused. "It’s important that a company’s culture will not allow for this. Judge Judy is stepping away from her longtime television show and calling it quits with CBS -- and TMZ has learned a big reason has to do with a war with the network. 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