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A pension fund that owns 1.1 million Mylan shares is taking issue with how Mylan's board and compensation practices. (Photo: AP)

(Bloomberg) — The New York City official in charge of protecting the city’s pension funds for teachers, firefighters, police and city employees wants Mylan NV to name an independent chairman, saying the recent controversy over the price of the EpiPen allergy shot is an example of the board’s failure to oversee risk.

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