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Striking Alabama Coal Miners Bring Lumps to Wall Street Hedge Funds

By BOB HENNELLY
Posted 6/29/21

A delegation of Alabama coal miners on strike against Warrior Met Coal got a warm New York welcome when they set up picket lines June 22 outside the offices of the three Wall Street hedge funds that are the company’s major stockholders.

More than 1,000 members of United Mine Workers of America walked off the job April 1 because they say the company broke its promise to rescind concessions they made five years ago to help it return from bankruptcy to profitability.

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