Following a bench trial, Judge O'Connor (N.D. Tex.) held that “that Defendants breached their fiduciary duty by failing to loyally act...

On December 18, 2024, the Montana Supreme Court issued a ruling upholding a lower state court's decision that, under Montana's...

On November 19, 2024, the EU Council adopted a new regulation on ESG ratings, which “aim[s] at making rating activities in the EU more...

On December 16, 2024, the California Air Resources Board--the regulatory agency responsible for implementing California's mandatory...

On December 5, 2024, the California Air Resources Board--the agency responsible for implementing California's climate disclosure...

The day before Thanksgiving, eleven Republican state attorneys-general (representing Texas, Alabama, Arkansas, Indiana, Iowa, Kansas,...

According to a recent report, the climate disclosure rules recently promulgated by the European Union will compel more than 3,000 U.S....

Last week, the State of Maine became the latest state or local government to sue the major fossil fuel companies for damages related to...

Three years ago, a court in the Netherlands had ruled that Shell--a multinational fossil fuel company based in the Netherlands--had the...

On November 4, the SEC's Division of Examinations issued a risk alert that identified systematic problems with funds' ESG disclosures. ...

On November 8, the SEC and an investment advisor entered into a settlement to resolve an administrative proceeding featuring allegations...

On November 5, a federal district court judge in California denied plaintiffs' motion for summary judgment in a facial challenge to...

On October 21, 2024, the SEC imposed a fine of $4 million on investment adviser WisdomTree Asset Management Inc. for improperly labeling...

Over the past several years, there have been more than three dozen lawsuits launched against the major fossil fuel companies seeking...

This week, the Hawaii Supreme Court--in response to certified questions of law from the federal district court in Hawaii--held that the...

Last month, a federal district court struck down Missouri's anti-ESG rules that would prohibit investment advisors from utilizing ESG...