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Boeing | PX14A6G: Notice of exempt solicitation

SEC announcement ·  May 1 15:56
Summary by Moomoo AI
The National Center for Public Policy Research (NCPPR) has voluntarily submitted a proxy memorandum to The Boeing Company's shareholders, advocating for a vote in favor of Item 7, which calls for a report on the risks associated with the company's Diversity, Equity, and Inclusion (DEI) efforts. The NCPPR warns that DEI programs may be at risk of being deemed illegal discrimination, potentially leading to significant liabilities for companies. This concern is based on a recent U.S. Supreme Court decision in Muldrow v. City of St. Louis, which clarified that Title VII discrimination claims require only some harm, not significant harm, to be actionable. The NCPPR also critiques a recent case against Starbucks, suggesting that the dismissal of their...Show More
The National Center for Public Policy Research (NCPPR) has voluntarily submitted a proxy memorandum to The Boeing Company's shareholders, advocating for a vote in favor of Item 7, which calls for a report on the risks associated with the company's Diversity, Equity, and Inclusion (DEI) efforts. The NCPPR warns that DEI programs may be at risk of being deemed illegal discrimination, potentially leading to significant liabilities for companies. This concern is based on a recent U.S. Supreme Court decision in Muldrow v. City of St. Louis, which clarified that Title VII discrimination claims require only some harm, not significant harm, to be actionable. The NCPPR also critiques a recent case against Starbucks, suggesting that the dismissal of their claim does not provide a reliable precedent and that corporate DEI initiatives may face increased legal and financial risks. The NCPPR urges Boeing shareholders to consider these risks and vote for the proposal to report on them. The information is disseminated for shareholder consideration and is not intended as investment advice or a solicitation to vote proxies.
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