Speaking up…

January 6, 2005

Investors in Lucent Technology (LU) are growing bolder in their challenges to the company’s excessivecompensation . In the proxy filed earlier this week, two of the four shareholder proposals deal with compensation issues. While the proposal from Atlanta investor Walter J. Ehmer is similar to the one he submitted last year — and which was approved by 65% of the shares voted — a proposal by Lucent retiree Joanne Raschke is new.

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