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SIMON PROPERTY GROUP INC

SPG

Real Estate

3

exclusion reasons

1 theme

Corporate Misconduct (3)
SPG Real Estate Current as of March 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Community Harm
Since Mar 8, 2026

Simon Property Group counterclaimed for a declaratory judgment that Cottonwood Mall is its private property, disputing public access rights.

Workplace Discrimination
Since Mar 8, 2026

Simon Property Group, the largest U.S. mall REIT, settled an EEOC employment discrimination case for $125,000 in 2011.

Financial Misconduct
Since Mar 8, 2026

Simon Property Group was linked to a $20M billing fraud scheme at one of its mall properties in 2015, involving inflated billing to tenants.

Research Sources 3 organizations

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.