Hakeem Says State Should Divest Itself Of Nearly $80 Million In McDonald's Stock Due To Allegations By Black Franchisees
Hakeem Says State Should Divest Itself Of Nearly $80 Million In McDonald's Stock Due To Allegations By Black Franchisees Wednesday, December 9, 2020 Rep. Yusuf Hakeem said the state should divest itself of almost $80 million in McDonald's Restaurant stock because of allegations in a lawsuit brought by some Black franchiees. His letter says: Dear Treasurer Lillard, I write to concur with the request made of you by Representative Towns in September of this year to reconsider the Tennessee Treasury's investment in McDonald's stock. The allegations in the amended complaint fil...