# after a high-stakes gambler filed a lawsuit against Shell, accusing him of leaking inside information.

*business · news · 2026-04-09 · Livemint*

## Key points

- Jeff Shell is exiting as president of Paramount Skydance Corp. due to a lawsuit alleging insider leaks.
- RJ Cipriani alleges Shell leaked sensitive Paramount business details, including overpayment for Warner Bros.
- The lawsuit claims Shell promised to develop a TV show in exchange for Cipriani's PR services.
- Shell played a key role in Paramount's $110 billion acquisition of Warner Bros Discovery Inc.
- Shell previously resigned from NBCUniversal in 2023 after admitting to an inappropriate relationship.

**Companies:** Comcast Corp., Paramount Global, Netflix Inc., Skydance Media, RedBird Capital Partners
**Countries:** United States

[Read the full story on Livemint](https://www.livemint.com/companies/news/paramount-president-jeff-shell-resigns-amid-insider-leak-lawsuit-his-second-controversial-exit-in-3-years-11775706132106.html)

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