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Protest Photos from Texans United for Families & Against the Prison Prison Industry

January 25, 2012

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A coalition of immigrant rights groups called on Wells Fargo to divest of their holdings in the for-profit private prison industry. Detention of immigrants will destroy countless families and cost taxpayers more than $1.7 billion this year. Benefiting from this practice are companies like GEO Group and Corrections Corporation of America, as well a companies like Wells Fargo, that have invested in the growth of the private prison industry.

According to SEC filings, Wells Fargo currently holds over 4 million shares in GEO Group and 50,000 shares in CCA. Combined, those shares are valued at $120 million. Further, Wells Fargo, a recipient of billions of bailout dollars, is a major contributor to politicians who have championed the increased incarceration of immigrants. Tell Wells Fargo to invest in our communities and divest from the private prison industry!

Protest endorsers include Grassroots Leadership and Texans United for Families.

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