12/20/2021, 12:20 PM (Source: TeleTrader)
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Meta shareholders request public safety probe - report

Shareholders of Meta Platforms Inc. requested an independent assessment of the company's oversight body, Axios reported on Monday citing a letter sent to Meta's corporate secretary. "Shareholders request the board commission an independent assessment of the Audit and Risk Oversight Committee's capacities and performance in overseeing company risks to public safety and the public interest and in supporting strategic risk oversight on these issues by the full board," the investors stated.

According to the report, the letter was sent by Meta shareholders Harrington Associates and Park Foundation. They cited the continued "stream of harmful revelations" about the company and stated it "regularly breaks pledges to remove harmful content."

Baha Breaking News (BBN) / DJ