"I strongly support Sen. Warren and Rep. Rosen's Sunlight in Workplace Harassment Act. Corporations that allow sexual harassment and inappropriate workplace behavior to go unchecked put themselves and their investors in peril. As a major investor in companies from Wynn Resorts to News Corp., we've seen the damage that occurs when companies fail to stop such abhorrent behavior."
New York State Comptroller Thomas P. DiNapoli today announced that, as Trustee of the New York State Common Retirement Fund, he has filed a legal action against officers and directors of Wynn Resorts Ltd. The derivative action alleges that certain officers and directors were aware that former CEO Stephen Wynn repeatedly made unwanted sexual advances towards employees and pressured employees to perform sex acts, yet failed to investigate or hold him accountable.
Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the arrest and indictment of, as well as a civil asset forfeiture action against, Arkady Goldin, 39, of Brooklyn, and Value Pharmacy, Inc. ("Value"), located at 257 Broadway in Lynbrook, New York, for allegedly defrauding the New York State Medicaid program out of millions of dollars. Goldin, an owner of Value, is charged with Grand Larceny in the First Degree and other crimes for having allegedly paid kickbacks to a hospital employee for the referral of prescriptions for costly cancer medications.
The $168.2 billion State Fiscal Year (SFY) 2018-19 Executive Budget proposes several measures to reduce the financial risks posed by federal funding reductions and an uncertain revenue picture but also weakens checks and balances over the use of public dollars, according to a report released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:
State Comptroller Thomas P. DiNapoli issued a report today highlighting recent trends in property tax exemptions in New York State outside of New York City and the impact they have on local governments and school districts.
The New York State Common Retirement Fund's (Fund) overall return in the third quarter of the state fiscal year 2017-2018 was 4.12 percent for the three-month period ending Dec. 31, 2017, with an estimated value of $209.1 billion, according to New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli today announced that American Electric Power (AEP), one of the largest carbon emitters in the country, has adopted new, long-term targets for lowering greenhouse gas (GHG) emissions consistent with the Paris Agreement's goals. As a result, the New York State Common Retirement Fund's (Fund) has withdrawn the shareholder request it had filed with the company.
New York had the nation's second-highest balance of undistributed child support collections (UDC), totaling approximately $59 million at the end of federal fiscal year 2016, according to an audit released today by State Comptroller Thomas P. DiNapoli. Although the state Office of Temporary and Disability Assistance (OTDA), which oversees New York's child support program, has made some improvements to the way funds are distributed, DiNapoli's auditors identified a number of problems that need correcting.
Led by New York State Comptroller Thomas P. DiNapoli and New York City Comptroller Scott M. Stringer, a coalition of 41 investors today urged U.S. companies to oppose President Trump's repeated actions on immigration, which risk negative repercussions to our nation’s economy.
