A lack of oversight of employees handling vendor software is one of several failings at cloud computing company Nutanix that led to misuse, $11 million in estimated costs, and two pending lawsuits.

Nutanix announced May 24 an internal probe found poor conduct of certain employees led to the company holding onto and using third-party software for years without paying for it. The company originally agreed to just evaluate the software.

Adrianne Appel writes regulatory news, policy, and trends for Compliance Week. She previously reported about policy developments for Bloomberg Law and Bloomberg Government. Email: adrianne.appel@complianceweek.com LinkedIn:...