# Paramount Skydance president Jeff Shell resigns amid SEC disclosure allegations.

*business · news · 2026-04-09 · CNBC TV18*

## Key points

- Jeff Shell resigned as Paramount Skydance president amid SEC disclosure allegations.
- Shell faces a $150 million lawsuit from gambler and FBI informant R.J. Cipriani over a failed music show deal.
- Paramount's review found no evidence of securities law violations in the civil complaint against Shell.
- Shell had previously been cleared by Gibson Dunn of leaking confidential information, per Deadline.

**Companies:** Paramount Global, Skydance Media
**Countries:** United States

[Read the full story on CNBC TV18](https://www.cnbctv18.com/business/jeff-shell-steps-down-as-paramount-president-after-allegations-of-sec-violation-ws-l-19883417.htm)

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