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Zenefits and cofounder Parker Conrad fined nearly $1 million over misleading investors

(Reuters) — Silicon Valley business software startup Zenefits and its cofounder Parker Conrad have been fined nearly $1 million by the U.S. Securities and Exchange Commission as part of a settlement over charges that they misled investors. Zenefits will pay a $450,000 penalty and Conrad, who resigned as the company’s chief executive in early 2016, […]