WeWork is facing scrutiny from the U.S. Securities and Exchange Commission (SEC)...
FILE PHOTO: A WeWork logo is seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo
The SEC’s inquiry is preliminary and may not lead to any allegations of wrongdoing, Bloomberg reported, adding that it could not determine whether specific WeWork business decisions or transactions prompted the review. Neumann and other WeWork officials are also being sued by minority shareholders who accuse the company’s board of directors of breaching its fiduciary duties.
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