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October 26, 2017 10:52 pm GMT

SEC fines Zenefits and former CEO Parker Conrad nearly $1 million for misleading investors

The SEC is showing its muscle in Silicon Valley with a crackdown on bad behavior, starting with unicorn startup Zenefits and its former CEO Parker Conrad.First noted on BuzzFeed, the human resources startup and Conrad have agreed to pay a combined nearly $1 million in fines to settle accusations made by the SEC that the company made “materially false and misleading statements and… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CwP_EwXHzIc/

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