CALSTRS Dumps Private Prison Stocks

 

On Wednesday, November 7th, the California State Teachers’ Retirement System (CalSTRS) Board voted to divest from for-profit prison companies CoreCivic and GEO Group

CalSTRS’ decision puts mounting pressure on its sister fund, the California Public Employees Retirement System (CalPERS), to follow suit and divest its holdings from CoreCivic and GEO Group.

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