Exxon Investors Target Mutual Funds With E-Mail

Law360, New York (May 12, 2009, 12:00 AM EDT) -- A group of Exxon Mobil Corp. shareholders has set up a Web site to help investors that hold stock through mutual funds pressure fund managers into backing several proxy measures, most of which address environmental issues, ahead of the oil giant's annual shareholder meeting.

Proponents of four shareholder proxy measures on this year's ExxonMobil ballot on Tuesday launched ExxonMutualFundShares.org, where investors indirectly holding ExxonMobil stock through 25 mutual funds can send a form e-mail to their mutual fund urging its support of proxy items dealing with...
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