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Stock impact report

Los Angeles Times publisher on leave amid investigation [CNNMoney.com]

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: CNNMoney.com
Los Angeles Times publisher on leave amid investigationThe CEO and publisher of the Los Angeles Times is on an unpaid leave while under investigation by the paper's parent company, Tronc, following an NPR report about what it said was "questionable behavior" in his past.Ross Levinsohn "has voluntarily agreed to take an unpaid leave of absence, effective immediately," Tronc CEO Justin Dearborn said in a message to employees Friday afternoon. "The company has retained Sidley Austin LLP to conduct a review of the allegations rgarding his behavior."Times president Mickie Rosen "will lead the Los Angeles Times" in Levinsohn's absence, Dearborn said. The paper's editor-in-chief, Lewis D'Vorkin, will continue leading the newsroom.Levinsohn has not responded to requests for comment about the allegations.Prior to Dearborn's announcement, the Times newsroom had been speaking up loudly against Levinsohn. More than 180 newsroom staffers had signed a letter to Tronc's board calling for Levinsohn's Show less Read more
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