NEW YORK, Feb 17, 2026, 19:04 — After-hours AT&T Inc shares barely budged in after-hours action Tuesday, last quoted at $28.68 for a fractional gain of less than 0.1%. In Manhattan federal court, four New York City public pension funds filed suit against the telecom giant, accusing AT&T of improperly dropping a shareholder proposal on workforce diversity reporting from its 2026 annual meeting agenda. The funds allege the company halted publication of race, ethnicity, and gender data for its 133,000 employees in 2024, pointing to a November SEC rule tweak that permits companies to block proposals if they assert a “reasonable basis”—a move the plaintiffs describe as causing “irreparable” harm. Their lawsuit seeks to prevent AT&T from soliciting proxies unless
