Seems like it. From Fortune...<p><i>In a memo to employees about the management change, Sachs didn’t dance around the company’s issues when it comes to regulatory compliance.</i><p><i>“The fact is that many of our internal processes, controls, and actions around compliance have been inadequate, and some decisions have just been plain wrong. As a result, Parker has resigned,” writes Sachs. “In order for us to move forward as a company, we cannot seek to hide or downplay the problem.”</i><p><a href="http:&#x2F;&#x2F;fortune.com&#x2F;2016&#x2F;02&#x2F;08&#x2F;zenefits-parker-conrad-resigns&#x2F;" rel="nofollow">http:&#x2F;&#x2F;fortune.com&#x2F;2016&#x2F;02&#x2F;08&#x2F;zenefits-parker-conrad-resigns...</a>