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Trump’s SEC gave companies more power over investors. Lawsuits pushed them back

The change has prompted at least three investor lawsuits – against AT&T, Axon Enterprises and PepsiCo – and potentially more to ‌follow. By stepping back, ⁠the SEC injected ⁠uncertainty into the engagement process, said Giovanna Eichner, shareholder advocate at Green Century Capital Management, a climate-focused Boston asset manager.

Source :- Markets-Economic Times Read More

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