Activist investors became targets themselves Monday when protesters briefly took over a conference focused on how to shake up companies.
About 20 protesters interrupted a lunchtime panel discussion at the 13D Monitor Active-Passive Investor Summit in New York, chanting slogans like "hedge fund billionaires, pay your fair share!"
They called out well-known activist investors like Bill Ackman of Pershing Square Capital Management and Jeff Smith of Starboard Value, both slated to speak at the event later Monday, urging $15 an hour for low-level workers.
One sign read "Dignitiy at Darden," which Smith's Starboard Value is a major investor in. Ackman's Pershing Square was until recently a major Burger King investor.
"Bill Ackman, Jeff Smith, show us $15!" was briefly chanted.
"This is what democracy looks like!" they added later in the Crowne Plaza Times Square ballroom.