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SoFi CEO steps down over sexual harassment allegations

Mike Cagney, chief executive officer and co-founder of San Francisco-based financial technology startup Social Finance Inc., SoFi, is stepping down from his position following sexual harassment allegations. Cagney, 46, is accused of having “inappropriate relationships with SoFi employees” that apparently “helped foment a toxic workplace culture,” according to the New York Times.
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Mike Cagney, chief executive of high-profile online lender Social Finance, said he will step down by the end of the year, making him the latest Silicon Valley figure to resign amid claims of sexual harassment and unhealthy corporate...

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