New York Attorney General

WeWork Withdraws IPO After Valuation Collapses from $47 Billion to $10 Billion, Exposing Massive Corporate Governance Failure

2019-09-30 00:00:00 +0000 UTC | Importance: 8/10

WeWork formally withdraws its S-1 filing and postpones its IPO after investor scrutiny reveals catastrophic governance failures and self-dealing by CEO Adam Neumann. The company’s valuation collapses from $47 billion (January 2019) to under $10 billion in months. The SEC investigation reveals …

Adam Neumann WeWork Securities and Exchange Commission (SEC) SoftBank John White +1 more fraud regulatory-capture corporate-governance sec revolving-door +2 more

Seventeen State Attorneys General Announce ExxonMobil Climate Fraud Investigations

2016-03-29 00:00:00 +0000 UTC | Importance: 9/10

On March 29, 2016, a coalition of 17 state attorneys general announced coordinated investigations into ExxonMobil for potential climate denial fraud at a daylong climate change conference in Manhattan. Massachusetts Attorney General Maura Healey and Virgin Islands Attorney General Claude Walker …

Eric Schneiderman Maura Healey Claude Walker ExxonMobil New York Attorney General +2 more climate-denial exxonknew state-investigations corporate-fraud fossil-fuels +1 more