David and Larry Ellison sued by Paramount investor alleging ‘illegal’ side deal with Donald Trump to secure US approval for Warner Bros. acquisition.0

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• July 16, 2026

Paramount Skydance boss David Ellison and his father, tech billionaire Larry Ellison, were sued by a Paramount shareholder who alleged they reached an “illegal” deal with President Donald Trump to secure US government approval for the acquisition of Warner Bros. Discovery. The shareholders’ lawsuit, filed Tuesday in Delaware Court of Chancery, seeks to block Paramount’s