The what scandal was the most shocking and economically damaging for employees and shareholders?

The Enron scandal was one of the most shocking and economically damaging scandals for employees and shareholders. The company engaged in widespread accounting fraud, which led to its bankruptcy in 2001, resulting in thousands of employees losing their jobs and retirement savings. Shareholders saw their investments plummet, with Enron's stock dropping from around $90 to less than $1, highlighting the devastating impact of corporate malfeasance on stakeholders.