A group of Coca-Cola shareholders are warning that the company’s recent diversity policy would actually require contracted law firms to violate anti-discrimination laws. In a letter dated June 11, the American Civil Rights Project (ACRP) noted that on Jan. 28, the general counsel of Coca-Cola demanded law firms seeking to keep the company as a client must commit that at least 30 percent of billed time would be from “diverse attorneys,” and at least half of that time would be from black attorneys. The ACRP, speaking on behalf of “a set of concerned Coca-Cola Company shareholders,” demanded that the soft drink company either “publicly retract the discriminatory outside-counsel policies” or otherwise “provide access to the corporate records related to the decision of Coca-Cola’s officers and directors to adopt and retain those illegal policies.” Coca-Cola’s race-specific contracting policy, according to the ACRP, has exposed the corporation and its shareholders to “material risk …
Originally found on the Epoch Times Read More
