Alphabet board probes company's handling of sexual misconduct allegations

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

The board of Google parent company Alphabet Inc is investigating executives' handling of sexual harassment and other misconduct claims, and ...

MOUNTAIN VIEW, California: The board of Google parent company Alphabet Inc is investigating executives' handling of sexual harassment and other misconduct claims, and expects to complete its probe by early December, according to a recent court filing.

CNBC first reported the investigation on Wednesday, citing unspecified materials that added that the board had retained an unnamed law firm to assist with the investigation.Alphabet's board formed a special litigation committee this spring after shareholders filed a lawsuit alleging that company directors played direct roles in covering up sexual misconduct by top executives, according to a filing in the lawsuit from last month.

It is unclear whether Cravath or the special litigation committee have interviewed any alleged victims, witnesses or accused executives, some of whom are no longer at Alphabet.The board investigation includes looking into the behavior of Chief Legal Officer David Drummond, who has been accused of having relationships with employees, CNBC said.

The shareholders who sued Alphabet leadership are awaiting the results of the internal investigation as they decide how to proceed with the case. They have called for various governance reforms at the company, including reducing executives' voting control and adding more independent directors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California reveals Facebook probe, says social media company stonewalling investigationCalifornia is investigating Facebook Inc's disclosure of user data to Cambridge Analytica and other partners, the state revealed on Wednesday in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »