Apache Sues Pensions Over Anti-Discrimination Push

Law360, New York (April 9, 2008, 12:00 AM EDT) -- Oil company Apache Corp. sued New York City's comptroller and employee pension funds on Monday, alleging that the city is trying to use its influence, through the funds' holdings in Apache, to force the company to adopt a resolution not to discriminate on the basis of sexual orientation or gender identity.

The dispute goes back to October, when New York City Comptroller William C. Thompson Jr., acting as a trustee for five city employee pension funds that collectively own more than $100 million in Apache stock,...
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