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Scott M Stringer, Comptroller of New York City has addressed a letter to the U.S. Securities and Exchange Commission requesting an investigation of Tyson Foods for "flagrantly misrepresenting its poor pandemic response". Stringer is responsible as a fiduciary for the New York City Retirement System.
Stringer maintains that the response by Tyson Foods to the COVID-19 outbreak in numerous plants was "slow and minimal resulting in infections, hospitalizations and deaths among its workforce". Stringer maintains that disclosures by the company in the SEC Form 10-K provided insufficient detail for shareholders.
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Scott Shewell NYC Comptroller
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Scott M Stringer, Comptroller of New York City has addressed a letter to the U.S. Securities and Exchange Commission requesting an investigation of Tyson Foods for "flagrantly misrepresenting its poor pandemic response". Stringer is responsible as a fiduciary for the New York City Retirement System.
Stringer maintains that the response by Tyson Foods to the COVID-19 outbreak in numerous plants was "slow and minimal resulting in infections, hospitalizations and deaths among its workforce". Stringer maintains that disclosures by the company in the SEC Form 10-K provided insufficient detail for shareholders.
It is a matter of record that Tyson was proactive among meat packers in following CDC guidelines and clearly was a leader in implementing testing procedures, providing pay for workers forced to quarantine and supplying PPE.
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It is however clear that a comprehensive investigation of meat-packing and chicken processing operations in the U.S. should be conducted to determine factors associated with transmission of COVID-19 among workers and to develop more appropriate preventive measures. With a few exceptions, meat packers and especially chicken processors responded to the recommendations of medical authorities, cooperated with public health authorities and strove to maintain the food supply during a time of uncertainty regarding the disease.