Friday, January 11, 2019

Shareholders sue Google for allegedly mishandling sexual harassment claims

In another chapter of the tumultuous goings-on within Google, one of Alphabet's shareholders is suing the company, on behalf of itself, over the payouts given to Google executives who were accused of sexual misconduct. Filed yesterday in the San Mateo Superior Court, shareholder James Martin states in his complaint that the reason for the suit is, in short, that Google breached its fiduciary duties to shareholders. Basically, by giving these payouts to those executives whose sexual harassment allegations were considered credible (instead of disciplining them appropriately), Google showed it was more interested in protecting its public image than it was securing its investors' rights and managing the company and its assets appropriately.

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Shareholders sue Google for allegedly mishandling sexual harassment claims was written by the awesome team at Android Police.



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