Coca-Cola Diversity Policy Pissed Off Shareholders

Started by Solar, June 21, 2021, 04:52:29 PM

Previous topic - Next topic

Solar

It's a start...  :rolleyes:

Coca-Cola Diversity Policy Risks Violating Anti-Discrimination Laws, Shareholders Warn

A group of Coca-Cola shareholders are warning that the company's recent diversity policy would actually require contracted law firms to violate anti-discrimination laws.

In a letter dated June 11, the American Civil Rights Project (ACRP) noted that on Jan. 28, the general counsel of Coca-Cola demanded law firms seeking to keep the company as a client must commit that at least 30 percent of billed time would be from "diverse attorneys," and at least half of that time would be from black attorneys.

https://www.theepochtimes.com/coca-cola-diversity-policy-risks-violating-anti-discrimination-laws-shareholders-warn_3866486.html?utm_source=partner&utm_campaign=ZeroHedge
The diversity plan was shelved following the resignation of Bradley Gayton as Coca-Cola's general counsel, after less than a year on the leadership position. Gayton wrote in January that it is a "crisis" that the legal profession is not "treating the issue of diversity and inclusion as a business imperative."

"The Stockholders therefore demand that you immediately publicly retract the policies in their entirety," the letter concluded, adding that they will be "forced to seek judicial relief" to protect their interests in the company if they do not receive a response to their demands within 30 business days.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

walkstall

Quote from: Solar on June 21, 2021, 04:52:29 PMIt's a start...  :rolleyes:

Coca-Cola Diversity Policy Risks Violating Anti-Discrimination Laws, Shareholders Warn

A group of Coca-Cola shareholders are warning that the company's recent diversity policy would actually require contracted law firms to violate anti-discrimination laws.

In a letter dated June 11, the American Civil Rights Project (ACRP) noted that on Jan. 28, the general counsel of Coca-Cola demanded law firms seeking to keep the company as a client must commit that at least 30 percent of billed time would be from "diverse attorneys," and at least half of that time would be from black attorneys.

https://www.theepochtimes.com/coca-cola-diversity-policy-risks-violating-anti-discrimination-laws-shareholders-warn_3866486.html?utm_source=partner&utm_campaign=ZeroHedge
The diversity plan was shelved following the resignation of Bradley Gayton as Coca-Cola's general counsel, after less than a year on the leadership position. Gayton wrote in January that it is a "crisis" that the legal profession is not "treating the issue of diversity and inclusion as a business imperative."

"The Stockholders therefore demand that you immediately publicly retract the policies in their entirety," the letter concluded, adding that they will be "forced to seek judicial relief" to protect their interests in the company if they do not receive a response to their demands within 30 business days.


Money talks bullshit walks.
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Solar

Quote from: walkstall on June 21, 2021, 05:00:22 PMMoney talks bullshit walks.
It's nice to see the share holders develop a spine, even when it's too late.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!