WeWork is reportedly being investigated by the New York State attorney general.
The attorney general is looking into whether WeWork founder and former chief executive Adam Neumann engaged in self-dealing, according to Reuters.
A WeWork spokesperson said: “We received an enquiry from the office of the New York State attorney general and are co-operating in the matter.”
Neumann owns some buildings leased to WeWork, which could create a conflict of interest given that if those buildings were to raise their rents, Neumann could stand to benefit.
The news comes after WeWork pulled the plug
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