Friday, March 4, 2016

Peace Activists Announce SEC Approves Resolution for Boeing Stockholders’ Meeting

Thanks to the Chicago Monitor for the excellent article from the press conference at the Boeing building on February 29.

"Boeing has been a target of the global movement to Boycott, Divest, and Sanction (BDS) Israel for many years as its weapons were used in Israel’s military attack against the Gaza Strip in 2008-09,  during which 1,300 Palestinians were killed, and again in 2014 when over 2,200 were killed. In both cases, the majority killed were civilians. Boeing produces the Hellfire missile, AH-64 Apache attack helicopters, and laser guided one ton “smart” bombs used in these attacks.  Israel’s actions have been condemned by multiple international NGOs and humanitarian organizations, such as Amnesty International and Human Rights Watch. This year several members of the Anti-War Committee (AWC) of Chicago purchased shares in Boeing in order to bring a resolution before the stockholders demanding transparency and a risk analysis of sales to Israel. According to Richard Berg, who submitted the resolution, “The Boeing board refused to submit our resolution to the stockholders, saying it interfered with the regular business of the company.”

On February 5th, 2016, the Securities and Exchange Commission (SEC) overruled the directors. Berg explained, 'Our resolution simply asked for more information about weapons sales to Israel.'"

Click here to read the entire article. 

Courtesy of Chicago Monitor