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Nov. 6, 2019, 6:57 p.m. EST

Alphabet's board opens investigation into behavior of executives

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By Jon Swartz

The board of Alphabet Inc. /zigman2/quotes/202490156/composite GOOGL +2.02% /zigman2/quotes/205453964/composite GOOG +2.12% has opened an investigation into charges of sexual harassment and misconduct by its executives, including Chief Legal Officer David Drummond, according to a CNBC report. Alphabet confirmed the news in a statement to MarketWatch. "As has already been confirmed in public court filings, in early 2019, Alphabet's Board of Directors formed a special litigation committee to consider claims made by shareholders in various lawsuits relating to past workplace conduct," an Alphabet spokesperson said. Shares of Alphabet are up 23.5% this year. The S&P 500 index /zigman2/quotes/210599714/realtime SPX +1.59% is up 23% this year.

/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 1,499.65
+29.72 +2.02%
Volume: 2.24M
July 6, 2020 4:00p
P/E Ratio
30.26
Dividend Yield
N/A
Market Cap
$1001.65 billion
Rev. per Employee
$1.39M
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 1,495.70
+31.00 +2.12%
Volume: 1.56M
July 6, 2020 4:00p
P/E Ratio
30.18
Dividend Yield
N/A
Market Cap
$1001.65 billion
Rev. per Employee
$1.39M
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/zigman2/quotes/210599714/realtime
US : S&P US
3,179.72
+49.71 +1.59%
Volume: 2.38B
July 6, 2020 5:22p
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