Zenefits Is Under Investigation In California

A few days after Zenefits CEO Parker Conrad resigned, the company is under scrutiny for its compliance with California laws. Zenefits, the $4.5 billion health insurance brokerage startup whose CEO stepped down on Monday, is being investigated by California regulators, according to BuzzFeed News. The California insurance commissioner will make the news public on Thursday, BuzzFeed reports, though the investigation has been underway since last year. Read Full Story