David and Larry Ellison Sued by Paramount Investor Alleging ‘Illegal’ Side Deal With Donald Trump to Secure U.S. Approval for Warner Bros. Takeover

Paramount Skydance chief David Ellison and his tech billionaire dad Larry Ellison have been sued by a Paramount shareholder who alleges they cut an “illegal” deal with President Donald Trump to secure U.S. governmental approval for the takeover of Warner Bros. Discovery. The shareholder lawsuit, filed Tuesday in Delaware Chancery Court, seeks to block Paramount’s…