Stuck in the Stone Age? Investment platforms branded 'prehistoric' amid GameStop AGM row

Battle over shareholder voting rights hits fever pitch

Kathleen Gallagher
clock • 5 min read

Investment platforms have been described as "prehistoric" as a result of their failure to enable GameStop (GME) investors to vote in the Reddit darling's upcoming annual general meeting (AGM).

Cliff Weight, director of investor group Sharesoc, accused Hargreaves Lansdown of underinvesting in its technology and customer service. "Their platform is prehistoric, and they seem to treat customers as a source of profit rather than prioritising customer service," he said. Outraged investors took to social media in their hundreds last week to vent their frustration at being excluded from the AGM. "I have made a considerable investment into a company and as such my voice should count. Voting is an inherent right of a stockholder, of which I am one," J. Patel, a GME investor, told...

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