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Ken Fisher Says No Lay-Offs Despite Withdrawals Over His Remarks
Fisher Investments founder Ken Fisher said there will be no lay-offs at his Washington state investment firm despite some $3 billion in withdrawals by pension funds and others over allegedly sexist remarks he made at an investor conference.
In a local newspaper column published late on Friday, Fisher wrote that most of the firm is growing based on business from high net worth individuals, retirement savings plans and foreign institutions.