February 21, 2011, Stamford Advocate
Brown University in Providence, R.I., will stop investing new endowment funds in HEI Hotels Inc. amid questions about labor practices at two of the Norwalk-based company’s properties.
The decision, which doesn’t affect current investments, heeds a recommendation by Brown’s committee on investment ethics following concerns raised by a student group after the company fired an employee who was also a union leader.
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