Yahoo CEO Education Record Mentioned in Biography Contained Discrepancy in Degree Awarded

In a recent example of the need for businesses to conduct education verifications during background checks, the newly hired Chief Executive Officer of Yahoo!, Scott Thompson, was found to have discrepancies in his educational record after a letter from Third Point LLC, owners of close to 6 percent of Yahoo! shares, pointed out that while …

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Kroll to Be Sold by Marsh & McLennan to Altegrity

According to a report by the Wall Street Journal on WSJ.com, insurance conglomerate Marsh & McLennan Cos. Inc. has agreed to sell its corporate-intelligence unit Kroll to global security firm Altegrity Inc. for $1.13 billion. Altegrity started in 1996 as U.S. Investigations Services (U.S.I.S.) when the government privatized the business of security clearance background investigations, …

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