Shareholder Activist Confronts Big Tech Companies at Annual Meetings
National Legal & Policy Center
Today, Paul Chesser, Director of the National Legal and Policy Center’s Corporate Integrity Project, is presenting remarks at the Amazon, Twitter, and Meta annual meetings to support shareholder resolutions that the ethics group filed with the companies. Chesser’s remarks at the meetings today will focus on the shareholder resolutions NLPC filed targeting the ‘woke’ corporations’ lobbying activity and charitable donations. NLPC seeks more transparency, urging companies to protect shareholder interests by staying out of politics. NLPC has filed dozens of shareholder resolutions and appeared at the annual meetings of Berkshire Hathaway, Disney, Coca-Cola, and more. Additional resolutions are scheduled to be presented at the meetings for McDonald’s, Walmart, Alphabet, General Motors, and others. “Big-Tech leaders act like they know what is best for everyone and assume power by censoring information or supporting causes that are contrary to shareholder interests,” Chesser explained. “Corporate leaders cave to progressive political activists and support ‘woke’ causes that must be disclosed, but moreover, eventually put to an end.” In support of the Twitter shareholder proposal, Chesser plans to say that, “…Twitter wasted more than $1.7 million in 2021 on advocacy lobbying, tripling what it spent six years earlier. Twitter is all about ideology, not free speech, or profit. It is no wonder so many Twitter employees are terrified that Elon Musk is buying the company and plans to turn their lying, progressive playground into a true free-speech platform…” In remarks at the Amazon meeting, Chesser will point out that “Amazon's transparency about its charitable donations is vague at best, and opaque at worst.” He will share how Amazon funded the unaccountable, wild-spending Black Lives Matter Global Network Foundation at Chairman Jeff Bezos’s direction. “While many of us in middle America saw right through it, Princeton-educated Jeff Bezos fell for the con hook, line and sinker,” Chesser will say. At the Meta meeting Chesser plans to compare Facebook shareholders to mother of a rebellious teenager. “Unfortunately, Mr. Zuckerberg, currently obsessed with virtual reality while shareholder value tanks, is the equivalent of that teenager. And with the equivalent of well over 50 percent of voting shares, this teenager can do whatever the heck he wants. Shareholders are the helpless Mom,” Chesser plans to say. Chesser will point out Zuckerberg’s hypocrisy by censoring scientific truths about climate change alarmism, throttling of the Hunter Biden laptop story, and keeping COVID-19 information off the platform. “The Big Tech leaders were bamboozled by the BLM scammers and Hunter Biden protectionists. They refuse to admit they were wrong, and must be held accountable,” Chesser said. “Twitter, Amazon, Meta, and others in corporate America stand in stark contrast to the economic interests of the American people. Corporate leaders must be stopped from undermining the very systems that created the wealth they enjoy today.” All of Paul Chesser’s remarks at the three meetings will be posted at http://www.nlpc.org this afternoon. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org
May 25, 2022 11:08 AM Eastern Daylight Time