Coalitions: Boycott Toys 'R' Us IPO until it stops selling toxic toys

A coalition of more than 20 institutional investors have published an open letter urging investors to shun Toys 'R' Us' upcoming initial public offering until the retail giant agrees to label and phase out the sale of toxic polyvinyl chloride (PVC) toys.

The letter was signed by members of the Interfaith Center on Corporate Responsibility, a coalition of 275 institutional investors with more than $150 billion in assets, and the Investor Environmental Health Network, representing more than 20 institutional investors with some $30 billion in combined assets.