AT&T sued by New York City pension funds for excluding diversity proposal? [Yahoo! Finance Canada]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Yahoo! Finance Canada
NEW YORK, Feb 17 (Reuters) - AT&T was sued on Tuesday by four New York City public pension funds, which accused it ?of wrongly refusing to let shareholders vote on their proposal to ?require the telecommunications company to disclose the breakdown of its 133,000-person workforce by race, ethnicity and ?gender. In a complaint filed in Manhattan federal court, the funds said AT&T cited a November policy change by the U.S. Securities and Exchange Commission, which lets companies that claim a "reasonable basis" to exclude shareholder proposals. The funds said SEC regulations provide no excuse ?for AT&T to block ?a vote on their proposal at its 2026 annual shareholder meeting, and doing so causes "irreparable" injury. They want to prevent AT&T ?from soliciting shareholder proxies that exclude their proposal. According to the complaint, Dallas-based AT&T submits the diversity breakdown annually to the U.S. Equal Employment Opportunity Commission. The funds said ?AT&T disclosed ?the b
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T
Earnings
- 1/28/26 - Beat
T
Sec Filings
- 2/18/26 - Form 4
- 2/18/26 - Form 4
- 2/18/26 - Form 4
- T's page on the SEC website