New York State Comptroller Thomas P. DiNapoli announced Thursday that the New York State Common Retirement Fund has filed suit in a Delaware court against Qualcomm Inc. for the right to inspect the company’s books and records to determine how shareholder funds are being spent for political purposes.
Many local governments have nearly exhausted their resources in an effort to avoid severe fiscal stress, according to an annual report released last week by State Comptroller Thomas P. DiNapoli.
The Herkimer County Snowmobile Association Treasurer falsified documentation and improperly used his dual authority as the association’s treasurer and president of a trail maintenance entity to redirect funds from one snowmobile club to his own, according to an audit. released Wednesday by State Comptroller Thomas P. DiNapoli. The findings were referred to the Herkimer County District Attorney’s Office.