NY Times: Verizon Publishes First Transparency Report on Data Requests
The New York Times recently ran an article about Verizon Communications’ publication of a Privacy Transparency report. Brian X. Chen writes: “…In November, Trillium Asset Management, the activist investment firm, filed a shareholder resolution pressuring Verizon to publish a transparency report. In response to the report published on Wednesday, Jonas Kron, a senior vice president of Trillium, said he had yet to review the details of the report thoroughly, but was pleased with the progress. “Our goal in filing the shareholder proposal was to persuade companies to be issuing transparency reports. We’ve accomplished that goal,” he said. “We’ve now moved …
Shareholder Proposal on Network Neutrality Gains Momentum in Vote at Verizon
Results Surpass Those at AT&T; Third vote upcoming at Sprint on May 15 A shareholder proposal calling upon Verizon Communications Inc. (NYSE, NASDAQ – VZ) to publicly commit to network neutrality principles on its wireless networks gained significant momentum at the company’s annual meeting as shareholders supported the proposal by an even larger margin than their counterparts at AT&T did in a similar recent vote. The proposal at Verizon, which was offered and considered for the first time this year, attracted 7.9% of the votes cast by the company’s shareholders at the annual meeting in Huntsville, Alabama on May 3. …
AT&T Shareholder Vote on Network Neutrality Surpasses Critical Threshold
For Immediate Release: Shares worth more than $11.4 billion voted in favor; Similar votes upcoming at Verizon and Sprint April 27, 2012: A shareholder proposal calling upon AT&T Inc. (NYSE – T) to publicly commit to network neutrality principles on its wireless networks attracted important support in initial voting results released today at the company’s annual meeting in Salt Lake City. The proposal, which was voted on for the first time this year, attracted at least 5.9% of the votes cast in this year’s proxy vote at AT&T, according to preliminary results released by the company. That percentage could climb …
Trillium Urges Fellow Shareholders to Vote Yes on Net Neutrality Resolutions
For Immediate Release April 9, 2012 Contact: Randy Rice, Trillium Asset Management, LLC – 617-423-6655 Shareholder Group: Vote Yes on Network Neutrality, for the Good of Investors, Telecom Companies and the Economy Trillium Makes Case to Shareholders Before Landmark Votes BOSTON, MA – As shareholders of AT&T (NYSE – T), Verizon (NYSE – VZ) and Sprint (NYSE – S) prepare to vote for the first time to uphold network neutrality policies on wireless networks, Trillium Asset Management, LLC (“Trillium”), an investment management firm, wrote an open letter to fellow Verizon shareholders today urging a yes vote on network neutrality to …
Trillium Wins Significant Victory in Net Neutrality Fight
Trillium Asset Management and other socially responsible investors have won a significant victory in the fight for net neutrality. After years of denial, the Securities and Exchange Commission (SEC) ruled that investors will have the opportunity to press Internet Service Providers (ISPs) AT&T, Verizon and Sprint to adopt policies that would insure their neutral handling of all Internet content regardless of the sender, recipient or nature of the content. The companies had sought to block shareholders from voting on the proposals by arguing, among other things, that network neutrality was not a “significant public policy issue.” The SEC rejected that …
Open MIC, founded by Trillium, files shareholder resolutions with 10 Internet Service Providers
Professor Jeffery Rosen recently wrote in the New York Times, “As more and more speech migrates online, to blogs and social-networking sites and the like, the ultimate power to decide who has an opportunity to be heard, and what we may say, lies increasingly with Internet service providers, search engines and other Internet companies…” Members of a coalition of investors, lead by Trillium, have filed shareholder resolutions with 10 publicly-held U.S. providers of Internet access, urging corporate boards to report on the impact of the companies’ Internet network management practices on public expectations of freedom of expression and privacy. The …
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