New York State Attorney General Investigating WeWork

The New York State Attorney General (NYAG) is investigating WeWork, Reuters is reporting, citing people familiar with the matter, adding to a mounting series of problems that have turned the workspace provider from a Wall Street darling to a pariah in a matter of weeks. From the report: The company, which is expected to lay off thousands of employees beginning this week as it faces ballooning losses, confirmed on Monday that it had been contacted by the office of the NYAG, Letitia James. “We received an inquiry from the office of the New York State Attorney General and are cooperating in the matter,” said a WeWork spokeswoman when contacted by Reuters.

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Source: Slashdot – New York State Attorney General Investigating WeWork