Shares of Starbucks Corp. were flat in extended trading late Friday after a federal court dismissed a lawsuit accusing company executives and directors of...
Shares of Starbucks Corp.
were flat in extended trading late Friday after a federal court dismissed a lawsuit accusing company executives and directors of violating their fiduciary duty to shareholders by supporting corporate diversity policies. The decision is a setback for one of a handful of lawsuits that legal activists have filed to reverse Starbucks’ policies aimed at increasing the proportion of women and members of racial or ethnic minority groups in their workforces and contracting corps.
were flat in extended trading late Friday after a federal court dismissed a lawsuit accusing company executives and directors of violating their fiduciary duty to shareholders by supporting corporate diversity policies. The decision is a setback for one of a handful of lawsuits that legal activists have filed to reverse Starbucks’ policies aimed at increasing the proportion of women and members of racial or ethnic minority groups in their workforces and contracting corps.
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