SEC SHOWDOWN: TYSON SEEKS TO BLOCK SHAREHOLDER VOTE ON DEPORTATION RISK REPORT; 35% IMMIGRANT WORKFORCE, ICE PROGRAMS CITED
Tyson Foods asked the SEC to let it exclude a shareholder proposal demanding a report on how mass deportations and immigration enforcement could affect operations and finances. The proposal cites that roughly 35% of Tyson’s workforce are immigrants; Tyson argues the request intrudes on ordinary business and points to E-Verify and ICE’s IMAGE participation. Investors counter that compliance doesn’t address production and financial risks seen after enforcement actions, and similar resolutions may target other large employers. The SEC’s decision will signal whether corporations must disclose deportation-related risks to investors.
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