Paramount’s Jeff Shell Fires Back: Exec Says Allegation He Leaked Private Corporate Info Is ‘Utterly False Tale’ Created in a ‘Shakedown’ Attempt

Jeff Shell, president of Paramount Skydance, is accusing a “fixer” who has demanded $150 million from Shell over a purported deal for crisis communications consulting of trying to extort and defame him, by creating “an utterly false tale that Shell had disclosed confidential details about Paramount’s business.”

Shell was sued March 9 by R.J. Cipriani, who alleged in the lawsuit that he had a relationship with Shell for 18 months, in which Cipriani tipped Shell off to forthcoming news articles and offered PR advice. The suit also alleged that Shell shared non-public information with Cipriani about Paramount’s plans.

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