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Time to Hold Corporations Accountable for the Human Rights Impacts of Climate Washing

Reynolds Holding

This phenomenon began in the late 1980s, along with the rise of environmental consciousness. One globally infamous example of extreme greenwashing is the Volkswagen “diesel-gate” scandal, where devices were installed into their cars to falsely convey compliance with government emissions tests and market the cars as “clean diesel.”

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Climate Disclosure Line-Drawing and Securities Regulation

Reynolds Holding

In 2022, the Securities and Exchange Commission (SEC) proposed climate disclosure rules requiring each public company to tell investors specifically about the financial effects of climate risk on the company and how the company assesses those risks. The rules will be released soon in final form. Political polarization within the U.S.

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ESG Investing Clearly Serves Pecuniary Interests

Reynolds Holding

For example, the Indiana AG has stated that, “ESG is an investment strategy that focuses less on the financial health of a company and more on its social and environmental impacts…,” [4] citing a Forbes article written by two journalists. And well-run companies become good stocks to own.” [5] 5] The motive here is not mixed; it is pecuniary.

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Skadden Discusses Securities Class Actions in 2024

Reynolds Holding

This decline may be attributable to a significant decrease in SPAC initial public offerings and de-SPAC transactions since their peak in 2021. Plaintiffs instead are targeting companies that allegedly have failed to anticipate supply chain disruptions, persistent inflation, rising interest rates and other macroeconomic headwinds.

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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

The Supreme Court has also heard, or will hear, administrative law cases that will impact securities Several cases pending at the circuit court level may have wide-ranging effects on securities litigation as well. We examine developments in federal securities litigation involving special purpose acquisition companies.

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Katten Discusses Shareholder Litigation Risk in an Unstable Geopolitical Environment

Reynolds Holding

It is tempting to view these events as temporary departures from the stable climate for international commerce of the past 75 years. After all, Covid-19 was the first global pandemic since 1919, and the conflict in Ukraine marks the first large-scale conventional conflict in Europe since World War II. Securities Litigation , 768 F.3d

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Cooley’s 2023 Cross-Border M&A Year in Review: Navigating Choppy Waters into a More Buoyant 2024

Cooley M&A

Cross-border M&A activity in 2023 was impacted by heightened geopolitical conflicts, high inflation and interest rates, and increased regulatory pressures as the global economy remained clouded by looming recession fears. Deal financing became more difficult and expensive, placing more emphasis on alternative funding and value creation.