Bloomberg Law writes about the New York City comptroller’s request for the Securities and Exchange Commission to investigate whether Oracle misled investors in its response to a Pax World Funds shareholder proposal.
Read article at Bloomberg Law.
Pax World Funds ("Pax") are advised by Impax Asset Management LLC, formerly Pax World Management LLC, a pioneer in the field of sustainable investing. Pax offers a diverse lineup of mutual funds focused on the risks and opportunities arising from the transition to a more sustainable global economy. Each fund integrates environmental, social and governance (ESG) research into the investment process to better manage risk and deliver competitive long-term investment performance. Since 1971, Pax has made it possible for investors to pursue financial returns while having a positive social and environmental impact.