The Strategic Organizing Center (SOC), a shareholder group of Starbucks Corporation, has submitted a letter to the SEC demanding that Starbucks disclose the full costs and liabilities of its anti-union efforts, which the SOC estimates to be at least $240 million. The SOC's analysis includes litigation costs, lost employee productivity, and liabilities from labor law violations. This disclosure is sought ahead of Starbucks' Annual Meeting on March 13, 2024, to allow shareholders to make informed voting decisions. The SOC has also nominated three new directors to the Starbucks Board, citing the need for change due to the current Board's mismanagement of labor issues and its impact on shareholder value. The nominees, Maria Echaveste, Joshua Gotbaum, and Wilma Liebman, bring diverse experience in business, government, and labor law. The SOC urges shareholders to vote for these nominees using the BLUE proxy card to steer Starbucks back on a positive path.

The Strategic Organizing Center (SOC), a shareholder group of Starbucks Corporation, has submitted a letter to the SEC demanding that Starbucks disclose the full costs and liabilities of its anti-union efforts, which the SOC estimates to be at least $240 million. The SOC's analysis includes litigation costs, lost employee productivity, and liabilities from labor law violations. This disclosure is sought ahead of Starbucks' Annual Meeting on March 13, 2024, to allow shareholders to make informed voting decisions. The SOC has also nominated three new directors to the Starbucks Board, citing the need for change due to the current Board's mismanagement of labor issues and its impact on shareholder value. The nominees, Maria Echaveste, Joshua Gotbaum, and Wilma Liebman, bring diverse experience in business, government, and labor law. The SOC urges shareholders to vote for these nominees using the BLUE proxy card to steer Starbucks back on a positive path.