A Google shareholder sued the company’s board of directors and senior management on Thursday, arguing that the tech giant’s leaders breached their duty to investors when they allegedly covered up sexual misconduct by executives and gave harassers large payouts. The suit, by shareholder James Martin, stems from revelations last year that the company awarded a $90 million exit package to executive Andy Rubin, the creator of the Android operating system, even as Rubin was being pushed out over sexual misconduct accusations. Rubin was celebrated when he left Google, and the real reason for his departure was made public by the Information and the New York Times, which also reported the payout. The charges include breach of fiduciary duty, unjust enrichment, abuse of power, and corporate waste. Two other shareholder plaintiffs, Northern California Pipe Trades Pension Plan and the Teamsters Local 272 Labor Management Pension Fund, filed a separate suit making similar allegations.

Source: Washington Post January 10, 2019 20:56 UTC