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Alphabet Shareholders Urged to Reject Data Privacy Review Proposal Ahead of June 5 Meeting

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Alphabet (GOOG, GOOGL) shareholders were urged Monday to vote against a data privacy review proposal at the company's June 5 annual meeting.

The Anti-Defamation League and investment advisor JLens said they have filed a Notice of Exempt Solicitation with the US Securities and Exchange Commission outlining their opposition to the proposal, which they said identified only Project Nimbus, Alphabet's cloud agreement with the Israeli government.

ADL and JLens said Alphabet's board as well as proxy advisory firms Institutional Shareholder Services and Glass, Lewis have also recommended that shareholders vote against the proposal.

Alphabet did not immediately respond to' request for comment.

Price: $374.17, Change: $-2.26, Percent Change: -0.60%

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