WHOA! Now Woke Coke’s Shareholders Are Getting Angry!
joe
June 24, 2021
Concerned Coca-Cola shareholders are taking action against the “woke” carbonated soft drink manufacturer for its embrace of race-driven policies.
According to Powerline report, the shareholders were spurred by a January demand by Coca-Cola’s general counsel that law firms representing the company must “commit that at least 30% of each of billed associate and partner time will be from diverse attorneys, and of such amounts at least half will be from Black attorneys.”
If firms do not meet minimum diversity commitments they could face consequences ranging from fee reductions to outright termination.
The American Civil Rights Project sent a letter to Coca-Cola on behalf of shareholders earlier this month demanding the company either “publicly retract the discriminatory outside-counsel policies it announced in January or provide access to the corporate records related to the decision of Coca-Cola’s officers and directors to adopt and retain those illegal policies.”
https://patriotnationpress.com/whoa-now-woke-cokes-shareholders-are-getting-angry/