_Parker Conrad has entered the chat._ Just kidding, he didn't spend a day in prison. Just a bunch of settlements for shit like this: > In the fall of 2015, Z

_Parker Conrad has entered the chat._ Just kidding, he didn't spend a day in prison. Just a bunch of settlements for shit like this: > In the fall of 2015, Zenefits came under scrutiny for allegedly failing to comply with state health insurance regulations; the company was subject to an investigation by the website BuzzFeed. On 8 February 2016, Conrad resigned from Zenefits after it was discovered the company used unlicensed brokers to sell health insurance in multiple states. In the aftermath of the investigation, Conrad's replacement as CEO, former COO David O. Sacks—who was cleared of wrongdoing in the same investigation—announced that the valuation of the company would be halved and investors' positions "trued up" in an effort at rectification, while 10% of employees accepted an offer of a two-month separation package. Now he's the head of Rippling and in full golden child mode.