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SEC fines Zenefits nearly $1 million for misleading investors


The SEC is showing its muscle in Silicon Valley with a crackdown on bad behavior, starting with unicorn startup Zenefits and its former CEO Parker Conrad. First noted on BuzzFeed, the human resources startup has agreed to pay nearly $1 million in fines to settle accusations made by the SEC that the company made, “materially false and misleading statements and omissions” to…