- Shareholders have filed a lawsuit against Alphabet, the parent company of Google.
- The suit comes after Google reportedly gave generous exit packages to executives accused of sexual misconduct.
- Shareholders are seeking new directors for the Alphabet board, as well as an end to forced arbitrations.
Shareholders have filed a lawsuit against Google’s parent company Alphabet after Google allegedly green-lit generous exit packages to executives accused of sexual misconduct.
According to The Verge, citing legal filings, the suit is calling for three new, independent directors to join the parent company’s board. It’s also urging an end to so-called “dual class voting structure,” which would reduce the power of Google’s founders Larry Page and Sergey Brin. Additionally, the filing is calling for the accused executives to return their exit packages.
The suit also proposes several actions to better tackle sexual harassment and discrimination cases. These proposed actions include tighter internal controls against harassment, the elimination of non-disclosure agreements in these cases, and an end to forced arbitration.
The filing comes following allegations made against former Android bigwig Andy Rubin last October. Google reportedly allowed Rubin to …read more
Source:: android authority