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Politics

DEI-fueled investing is ‘ideological coercion’ of shareholders, Missouri AG warns amid new probe

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1 day ago

FIRST ON FOX: Missouri Attorney General Andrew Bailey launched parallel investigations this week into two of the nation's leading proxy advisory companies, alleging they have abdicated their fiduciary duties and violated state consumer protection laws by misleading consumers about their prioritization of ideology over investor returns.Bailey argued in civil investigative demands sent to Glass Lewis and Institutional Shareholder Services (ISS) that they are violating state consumer protection law by assuring their customers that their proxy voting recommendations are based solely on data and re...

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1 day ago
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