Proxy voting giants investigated by Missouri AG for misleading clients about their DEI and ESG priorities

Proxy voting giants investigated by Missouri AG for misleading clients about their DEI and ESG priorities

Two leading proxy advisory firms face investigations for allegedly misleading consumers about prioritizing DEI and ESG over investor returns.

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

NEWYou can now listen to Fox News articles! 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 an…