Re:Parker Conrad Steps Down as Zenefits CEO
by flylib on Tuesday February 09, 2016 @01:48AM
(#11063587)
technically Sacks could be under the hook also for non-compliance...
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Re:Parker Conrad Steps Down as Zenefits CEO
by tomasien on Tuesday February 09, 2016 @11:18AM
(#11066285)
Depends but it's possible. Given the decision though it was important to distance themselves, both culturally and legally. Anybody who is seen to contribute to non-compliance WILL NOT be celebrated. What the regulators want to see, what the employees need to see. In fintech/regtech, if you contribute to making others in the company non-compliant you should be dead to the company - not because they necessarily did anything "evil" or anything like that, just because that's how it HAS to be treated.