A union-aligned investment group sent letters to Amazon, Walmart, and Alphabet questioning the impact of Trump’s immigration policies on their finances and supply chains. SOC Investment Group, owning less than 1% of each company, wants transparency on navigating new visa fee structures. Amazon and Walmart must detail effects on trucking and farming sectors needed for stocking shelves.

SOC Investment Group and affiliated funds own significant shares in Amazon, Walmart, and Alphabet. Google and Walmart did not comment, while Amazon declined. Recent H-1B rule changes caused concern in tech hubs like Silicon Valley, prompting lawmakers to request employee visa data. Trump’s executive order on proxy advisors may affect shareholder proposals like SOC’s.

SOC seeks engagement with companies for more transparency but considers litigation if resolutions are not included in proxies. The group’s resolutions are advisory but can lead to changes if supported by over 30% of shareholders. Discussions are ongoing with Amazon, Walmart, and Alphabet to address concerns over immigration policies’ impact on their operations.

Read more at Yahoo Finance: Exclusive-Amazon, Walmart shareholder pushes firms to report impact of Trump’s immigration policies