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0 0 -2.46578720255867E-05 -0.000246578720256393 -0.000493157440512786 -0.00234249784243617 -0.00184934040192321 -0.00184934040192321
Stock impact report

Trump administration using fraud law to target major companies on DEI [USA TODAY]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: USA TODAY
The Trump administration is investigating diversity initiatives at major companies under the False Claims Act, a federal law the Justice Department uses to take action against contractors that defraud the government. As USA TODAY reported in October, the DOJ earlier this year began issuing civil investigative demands to employers across a broad range of industries, directing them to turn over information about their diversity, equity and inclusion programs. The use of CIDs – a legal tool that allows the government to gather information during a civil investigation and that usually is reserved to pursue government contractors that submit fraudulent bills for their services – has rattled corporate America because it leaves companies vulnerable to claims that could reach into the millions of dollars. Among the companies that have received Justice Department investigative demands are Alphabet's Google and Verizon Communications, the Wall Street Journal reported . Google could not b Show less Read more
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