A group of institutional investors has launched a campaign to convince shareholders in AmerisourceBergen (ABC), one of the nation’s largest wholesalers, to support a proposal that would require the company to provide more information on steps taken to manage financial and reputational risks associated with the opioid crisis.
The move was expected after the Securities and Exchange Commission last month rejected efforts by the company to omit the proposals from its upcoming annual shareholder meeting on March 1. Another proposal would require the wholesaler to disclose if its board clawed back compensation from senior executives due to misconduct.
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