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Stock impact report

Key Words: Mark Cuban admits he dropped the ball in not recognizing rampant sexual harassment [MarketWatch]

A.H. Belo Corp (AHC) 
US:NYSE Investor Relations: investor.ahbelo.com
Company Research Source: MarketWatch
Mark Cuban admits he dropped the ball in not recognizing rampant sexual harassment Billionaire Mark Cuban will donate $10 million to women’s advocacy groups after an independent investigation found rampant sexual harassment on the business side of his basketball team. In February, Sports Illustrated reported that the Dallas Mavericks’ corporate environment was toxic and consistently devalued women. On Wednesday, the team released the results of a seven-month investigation, which found “numerous instances of sexual harassment and other improper workplace conduct” and a culture “rife with misogyny and predatory sexual behavior” dating back two decades, the Dallas Morning News reported . While Cuban, the team’s owner, was not implicated in the harassment, he said his mistake was not recognizing and preventing it. In an interview Wednesday with ESPN’s “The Jump,” Cuban apologized to the women in his organization. “This is not something that just is an incident and then it’s over,” he said Show less Read more
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