New York Comptroller’s Office News

A Decade After Sandy, New York City Resiliency Projects, Spending Lag: Comptroller

Ten years after Superstorm Sandy pounded New York City’s coastal areas, taking 43 lives and causing $19 billion in damages, many resiliency projects remain years from completion and billions of dollars in recovery funds remain unspent. According to a report …

Boeing Directors Seek Dismissal of Investors’ Lawsuit Over 737 MAX Safety

Boeing Co. asked a Delaware court to throw out a shareholders’ lawsuit over the safety of its 737 MAX following fatal crashes, saying the board engaged in “robust and well-established” oversight of jet’s development. In an amended complaint unsealed in …

Insurers to Pay $21M of $41M Shareholder Settlement with Wynn Resorts

Casino mogul Steve Wynn agreed to pay $20 million toward a settlement of shareholder lawsuits that claimed Wynn Resorts Ltd.’s board had been complicit in his alleged sexual misconduct. The former chief executive officer stepped down from the company in …

New York Auditors Find $3.45M in Faulty Workers’ Comp Claims

New York auditors report preventing 206 incorrect claims for $1.85 million in workers’ compensation and medical benefits last year while identifying 417 duplicate claims for $1.6 million paid over the past two years. The Comptroller’s Office, which keeps three auditors …