A labor activist group called
After comparing the voting records of 20 large fund companies with those of other shareholders, said Brishen Rogers, an attorney with CtW, “It was highly frustrating to see that so many large money managers, entrusted with the retirement assets of millions of working families, ended up supporting executive pay packages even as those pay packages harmed shareholders.”
The organization sent letters to 14 investment firms this month expressing its concern over these voting records.
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