From the article:
Originally Posted by darkrecess
Hobby Lobby's 401(k) employee retirement plan holds $73 million in mutual funds that invest in multiple pharmaceutical companies that produce emergency contraceptive pills, intrauterine devices, and abortion-inducing medications.
Do you understand what mutual funds are, and how they work? I'm guessing that you do not.
If this is true, then once it is called to their attention, Hobby Lobby will very likely look into moving these investments to other funds, more carefully chosen to avoid such a conflict. But it is almost certain that they did not know that their money was being invested in such a manner. Mutual funds are like that. The fund invests in a variety of stocks, and the investors invest in the fund, usually not knowing or caring about the details of just what stocks the fund is invested in. If one has reasons not to want to be invested in certain businesses, one would have to be paying much closer attention than is normally to be expected of mutual fund investors.