Larry Ellison and David Ellison sued by Paramount investors for 'government connection'

A shareholder lawsuit accuses Larry and David Ellison of a corrupt deal. They allegedly promised private benefits to President Trump for regulatory approval. This deal included firing CNN anchors Trump disliked. Paramount denies these allegations, calling them recycled and baseless claims. The company asserts the merger's economic merits will benefit consumers.

By TOI TECH DESK