Anti-HLS campaigners this week have gained another major victory in closing down Europe's largest and most exposed vivisection laboratory Huntingdon Life Sciences, known also as Life Sciences Research, ticker symbol LSR.
The labs largest investor, Eagle Asset Finance, has sold all HLS shares worth £7,074,059, more than 4% of the company. Raymond James Financial, their parent company, made the announcement within a month of a full-scale campaign in the UK and USA including email alerts, office and home demonstrations against both companies.
Since December 2007 HLS has suffered from a serious lack of investment, with companies last year eventually selling all their shares. Shareholders included; TransAmerica Investment, Frontier Capital, SAC Capital, Axa, Wachovia, Alternative Investment Partners, Rathbone Brothers, Dresdner Bank, Deutsche Bank, La Grange Capital, Robeco Investment Management, Fairfield Greenwich Associates & BNP Paribas [1 | 2 | 3].
Newswire: RJF Statement | Operation IX3 In NYC Continues | Eagle Asset Dumps All HLS Shares | Raymond James Protest after SHAC march | Protests at HLS Financial Allies & AstraZeneca | WAR Launches Operation IX3 - HLS Investor Insanity | SHAC Financial & Supplier Demos Continue
Previous features: SHAC Prepares For National March & Rally | Victory for animal rights campaigners | Activist Imprisoned for Shouting | Fisher Scientific Embarrassed Over Links with HLS | SHAC World Day for Lab Animals | Asahi Glass Protesters Harassed by Police | "March Against the Murderers"
Shareholders, stockbrokers, market makers, suppliers and clients have all dumped HLS, including the world's largest companies; all four main high street banks in the UK, the world's largest financial institution, the world's second largest bank and the world's largest insurance broker. Huntingdon are $89 million dollars in debt with NO commercial bank and insurance company anywhere in the world prepared to deal with them.
HLS' key weakness is their finances and by throwing the spotlight on those funding their abuse campaigners across the globe have managed to bring HLS to the brink of financial collapse. Throughout the campaign activists have made financial history as one by one major corporations have yielded to protester power and severed their links with the failing company.
Campaigners use evidence obtained in five undercover investigations at their different laboratories in the UK and USA where HLS workers have been caught on film punching puppies in the face, simulating sex with animals in their care, cutting open primates while they are still alive and falsifying experiments to get products on the market. HLS workers have even been caught drunk at work and dealing drugs at the labs.
Huntingdon Life Sciences have a criminal record from a British court of law for breaking the Companies' Act. They are the only UK laboratory to ever have their licence revoked by the government.