-238x150.jpg "FRC claims ‘a lot of support’ for revised stewardship definition")
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Litigation & class actions
BlackRock's agreement with Tennessee attorney general unlikely to spark further lawsuits, experts say.
Lawyers warn other corporates may be sued over 401K choices depending on damages, but precedent offers pro-ESG opportunities as well.
Super funds divided on regulator’s approach to greenwashing enforcement.
ASIC has said it will take a ‘pragmatic’ approach to supervision and enforcement of the reporting.
Claims of First Amendment violations are common across state boycott laws, says litigation lawyer, as SFOF faces 'pay to play' complaint.
AASB delays finalising sustainability standards; banking regulator ramps up climate commitments and expectations.
Lawyers for public pension fund beneficiary seek court approval for further claims against blocked boycott legislation amid appeal threat.
The groups have also asked for further clarification that competition law should not impede sustainability collaboration initiatives.
Separately, reports suggest financial watchdog ASIC is seeking a hefty fine for Vanguard Investments over exclusionary screening failure.
Recent Supreme Court decisions will be a headwind but not a huge blow to SEC's climate rule and ESG enforcement, say lawyers.