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Stock impact report

Michigan president calls Sherrone Moore's conduct a 'breach of trust' after shocking dismissal and arrest [FOX News]

United Microelectronics Corporation (NEW) (UMC) 
US:NYSE Investor Relations: umc.com/english/investors/index.asp
Company Research Source: FOX News
the recent controversy surrounding former football coach Sherrone Moore's alleged relationship with a staffer. In the message, Grasso also requested that any student with information on the situation come forward. "Students, Earlier this week, the Department of Intercollegiate Athletics dismissed head football coach Sherrone Moore with cause for violating University policy by engaging in an inappropriate relationship with a staff member. When the findings of a University investigation into Coach Moore's behavior were presented on Wednesday, we immediately terminated his employment," a copy of the message obtained by Fox News Digital read. "There is absolutely no tolerance for this conduct at the University of Michigan. None. I have been in close communication with the Board of Regents and we are united in committing to doing what is right. This breach of trust by Coach Moore is painful for many in our community, first and foremost, the individuals directly involved in this situa Show less Read more
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