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Shell and Paramount Settle Gambler's Lawsuit
11 Jun
Summary
- Jeff Shell and Paramount have settled a lawsuit with R.J. Cipriani.
- The settlement resolves claims made by Cipriani and a countersuit by Shell.
- No financial terms of the settlement were publicly disclosed.
Two months after his departure, former Paramount president Jeff Shell, along with the David Ellison-led conglomerate, has reached a settlement with R.J. Cipriani. Cipriani, who identified as a professional gambler, had threatened legal action against Shell and Paramount. A filing on June 9, 2026, by Cipriani's lawyer indicated a request for the dismissal of the entire action with prejudice, covering all parties and causes of action.
Shell, previously a top executive at NBCUniversal, also filed a similar with-prejudice dismissal on Tuesday for his countersuit, which alleged the situation was a shakedown. These mutual filings effectively bring the legal disputes to a close. Although Cipriani's initial suit sought over $150 million, no financial settlement was publicly announced, and details of the agreement remain undisclosed.
