During the early days of the pandemic, TD Bank bought tens of thousands of
shares in private prison giant GEO Group.

Now, GEO Group facilities have become hotbeds of COVID -- and the death
toll is rising.

Call on TD to divest from GEO Group and all private prison companies now.

[ [link removed] ] Sign the petition 

   
John,

We just found out that in the midst of the pandemic, TD Bank increased its
shares in private prisons giant GEO Group by a whopping by 8000%.

And now, TD has blood on its hands from COVID deaths because of its GEO
investment -- people are dying of the virus at GEO Group’s facilities
because of a total lack of preventative measures.

That's just the tip of the iceberg of GEO Group’s appalling track record
of human rights abuses. Along with CoreCivic, they run Trump’s
concentration camps along the Mexican-US border where kids are held in
cages and separated from their parents.

This is why every major bank in the world promised to end financial ties
with GEO Group and CoreCivic in 2019 -- a massive victory against the
American prison industrial complex.

The message from bank customers was clear - do not profit from in private
prisons.  

[ [link removed] ]Sign the petition calling on TD to cut financial ties with Trump’s
private prison corporations.

It's not just customers that want out of GEO Group. Investors, alarmed by
the rising death toll at GEO's facilities, just brought a class action
lawsuit against the company over its blundering response to the pandemic
in July.

TD's purchase of GEO Group shares is not aligned with the image it wants
to create. In the wake of George Floyd’s death, TD pays lip service to
Black Lives Matter while holding tens of thousands of shares in GEO Group
-- a corporation that is notorious for profiting off the mass
incarceration of Black people.

And not only that, TD received an ‘F’ in the Is Your Bank Loaded? report
card due to its heavy investment in the gun industry -- involvement that
has led to the disproportionate gun deaths of Black people.

So we’re asking TD Bank: why did you increase your investment in GEO Group
by over 30,000 shares? And also, what other financial ties do you have
with private prisons corporations like GEO Group, CoreCivic, and other
profiteers of the US prison industrial complex?

[ [link removed] ]TD: End your relationship with GEO Group and the American prison
industrial complex once and for all.

Action by SumOfUs members calling for the divestment of GEO Group has been
successful before. Through the pressure of tens of thousands of SumOfUs
members, including hundreds who showed up at CPP’s public events, we
forced a giant 300 billion dollar pension plan to stop its investment in
GEO Group and CoreCivic.

And just last month, after thousands of SumOfUs members emailed, called,
and posted on social media about Walmart’s All Lives Matter shirts, it
stopped selling the dog-whistle shirts.

Now, lets hold TD accountable in its role in supporting the prison
industrial complex.



[ [link removed] ] Sign the petition 



Thanks for all that you do,
Angus, Nick, Vicky, and the team at SumOfUs


More information:

[ [link removed] ]Private Prison Firm GEO Group Faces Investor Lawsuit Over 'Blundering'
Coronavirus Response, Newsweek, July 20th, 2020
[ [link removed] ]GEO Group Running Out of Banks as 100% of Known Banking Partners Say
‘No’ to the Private Prison Sector, Forbes, October 10, 2019
[ [link removed] ]Canada pension fund quietly divests from US migrant detention firms,
The Guardian, July 5, 2019
[ [link removed] ]Is Your Bank Loaded Report Card, Guns Down America, 2019
[ [link removed] ]TD Bank 13F-HR filing, U.S. Securities and Exchange Commission, May 13,
2020

 

 

SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

Please help keep SumOfUs strong by chipping in $3. [link removed]