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Frustrated shareholders are gearing up to unseat top directors at both Citigroup (C Quote) and Bank of America (BAC Quote) at upcoming annual meetings.
The American Federation of State County and Municipal Employees, or AFSCME, is urging Citi shareholders to vote against re-electing six of the troubled companies' directors.
Separately, CtW Investment Group on Thursday formally asked BofA shareholders to dump Chairman and CEO Ken Lewis. CtW also wants investors to vote against re-electing governance committee chair Thomas Ryan and lead director O. Temple Sloan at the company's annual meeting on April 29. ...
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