California sues ExxonMobil for misleading plastic waste claims October 3rd, 2024 California Attorney General Rob Bonta has sued ExxonMobil for producing misleading public statements and campaigns for over half a century about its commitment to reduce plastic waste. The lawsuit, filed in the San Francisco County Superior Court, claims that ExxonMobil has deceived Californians through […]
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Group sues Texas over “anti-ESG” law September 4th, 2024 A nonprofit organization has filed a lawsuit against Texas seeking to overturn a 2021 bill that limits investments in businesses that “boycott energy companies”. The American Sustainable Business Coalition, which represents more than 200,000 businesses, filed a suit against Attorney General Ken Paxton and Comptroller Glenn […]
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Salesforce to pay $1.35m to settle 401(k) plan misconduct lawsuit August 30, 2024 Salesforce has agreed to pay $1.35 million to more than 50,000 employees to settle two lawsuits that alleged the company of mismanaging its 401(k) plan, Pensions and Investments reports. The plaintiffs claimed that plan managers violated the Employee Income Retirement and Security […]
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ExxonMobil to go to court over climate deception lawsuit July 26th, 2024 Connecticut Attorney General William Tong’s consumer protection case against ExxonMobil will advance towards trial, court rules. This week, a Connecticut judge denied ExxonMobil’s motion to dismiss Tong’s lawsuit, stating that because Exxon is registered to do business in Connecticut as a foreign corporation, […]
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A New York judge has dismissed a lawsuit against three pension funds in the New York City Retirement System for violating fiduciary duties.
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A federal judge has tossed ExxonMobil’s lawsuit against activist ESG shareholder Arjuna Capital.
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ExxonMobil’s shareholders have released plans to vote against the company’s board of directors in response to its lawsuit against climate activist investors.
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The Netherlands arm of Friends of the Earth, Milieudefensie, has filed a climate lawsuit against financial services group ING, calling on it to halve its carbon emissions.
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The Council of Institutional Investors (CII) has challenged the Securities and Exchange Commission’s (SEC) planned changes to shareholder proposal rules.
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Banks dragged into legal action over Bayer-Monsanto deal Advisers to the Bayer-Monsanto takeover have been dragged into a lawsuit against the pharmaceuticals company that was originally filed in March. Plaintiff Rebecca Haussmann, trustee of the Konstantin S. Haussmann Trust, filed the amended claim in New York County Supreme Court at the end of August. It […]
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