News & Analysis as of

Environmental Social & Governance (ESG) Unfair or Deceptive Trade Practices State Attorneys General

Cozen O'Connor

Missouri AG Investigates Proxy Advisors Over ESG and DEI Practices

Cozen O'Connor on

Missouri AG Andrew Bailey announced that his office is investigating and has filed parallel lawsuits against Glass, Lewis & Co. (“Glass Lewis”) and Institutional Shareholder Services (“ISS”), two major corporate proxy...more

Axinn, Veltrop & Harkrider LLP

Growing Role of Texas In Driving US Antitrust Policy

Texas Attorney General Ken Paxton’s office has long been a significant player in antitrust enforcement. It has been an active enforcer in the technology industry, and has used antitrust as a tool to push back on corporate ESG...more

Morgan Lewis

PFAS and Microplastics Litigation: The Latest Front of ESG Lawsuits

Morgan Lewis on

A growing awareness of perfluoroalkyl and polyfluoroalkyl substances (PFAS) and the pervasiveness of microplastics have led to an uptick in litigation by private plaintiffs, nongovernmental organizations, and state attorneys...more

Kelley Drye & Warren LLP

NY Court Stalls JBS Greenwashing Suit

In 2023, NAD reviewed claims that JBS had made about its goal ​“to be net zero by 2040.” NAD determined that although the company had taken steps to reach the goal, those steps weren’t enough to support the claim. In 2024,...more

Holland & Knight LLP

A Look at Increased Oversight of Financial Institutions in Florida

Holland & Knight LLP on

For several years, leaders in the Florida executive and legislative branches have sought regulatory and legislative changes to increase banking oversight at the state level. During the 2023 legislative session, House Bill 3...more

Cozen O'Connor

The State AG Report – 12.7.2023

Cozen O'Connor on

Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •AGs in Solar-darity in Fight Against Allegedly Deceptive...more

Cozen O'Connor

The State AG Report – 5.11.2023

Cozen O'Connor on

Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •Department of Energy’s Proposed Regulations for Household...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Litigation Updates — October 2022

Regulatory Developments Among State AGs. Over the past few weeks, various state attorneys general have either issued guidance or initiated enforcement actions in connection with ESG ratings. Specifically, among other things,...more

Cozen O'Connor

The State AG Report – 10.6.2022

Cozen O'Connor on

Here are this week’s curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •Arizona AG Fines Google $85 Million Over...more

Troutman Pepper Locke

Texas AG Joins Wave of Investigations Into Credit Ratings Companies’ ESG Data Usage in Financial Decision-Making

Troutman Pepper Locke on

Texas Attorney General (AG) Ken Paxton co-signed two letters to Morningstar, Inc. and its subsidiary Sustainalytics, joining multistate investigations into the credit ratings giant, as part of a growing trend among attorneys...more

Cozen O'Connor

Texas AG Paxton Joins Multistate Investigation of S&P Global’s ESG Ratings

Cozen O'Connor on

Texas AG Ken Paxton issued a Civil Investigative Demand under the Texas Deceptive Trade Practices-Consumer Protection Act to S&P Global, Inc., a credit rating agency, seeking documents and information regarding S&P’s use of...more

Mintz

19 State Attorneys-General Participate in Investigation of ESG Ratings

Mintz on

Nineteen state attorneys-general have announced their participation in an investigation spearheaded by Missouri Attorney-General Eric Schmitt into the ESG ratings produced by Morningstar Inc. and its subsidiary,...more

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