Cameo Settles Multi-State Lawsuit Over Endorsement Disclosures
Harrisburg, PA — Attorney General Michelle Henry, along with Attorneys General from 29 other states, has announced a settlement with Baron, Inc., operating as Cameo, …
disclosures
Basel proposes crypto disclosures by banks from January 2025
LONDON (Reuters) – Global banking regulators on Tuesday proposed a standardised format for major banks to disclose their holdings of cryptoassets from January 2025 to …
US Supreme Court takes up case over corporate trend disclosures
By Jody Godoy (Reuters) – The U.S. Supreme Court on Friday agreed to consider whether shareholders can sue companies for fraud when they flout a …
SEC fines Citigroup, former unit over customer disclosures
(Reuters) – Citigroup and a former unit were fined $1.975 million by the U.S. Securities and Exchange Commission on Thursday for making securities recommendations to …
GE must face shareholder lawsuit over accounting, disclosures; judge urges settlement
By Jonathan Stempel NEW YORK (Reuters) – General Electric failed to persuade a Manhattan federal judge to dismiss a long-running shareholder lawsuit accusing it of …
Standards body proposes rules for auditing company climate disclosures
By Huw Jones LONDON (Reuters) – A global body on Wednesday proposed its first set of comprehensive rules for auditing climate-related company disclosures in an …
Tesla returns to S&P 500 ESG index with more environmental disclosures
By Ross Kerber (Reuters) – Tesla Inc has returned to the S&P 500 ESG index, the sustainable investing-focused market index, after the electric car maker …
Downer faces second class action lawsuit over breach of contract disclosures
(Reuters) – Australia’s Downer EDI said on Friday it was served with a second class action lawsuit by certain shareholders alleging breach of disclosures regarding …
U.S. SEC votes to increase disclosures around trading plans by insiders
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to amend the Securities Exchange Act to expand disclosures around the trading …
U.S. SEC considering action against SolarWinds over cyber disclosures
(Reuters) – The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp over its public statements on cybersecurity and procedures governing …
Global firms urge governments to require mandatory disclosures on nature
By Juliette Portala (Reuters) – Over 330 businesses on Wednesday urged world leaders to force large companies to assess and disclose their impact on nature …
Corporate climate disclosures jump again in 2022 – CDP data
LONDON (Reuters) – Companies worth half of total global market capitalistion are now disclosing environmental data after a 42% year-on-year rise in the number of …
Engine No. 1 rushes to back ESG disclosures at top companies
By Ross Kerber (Reuters) – Sustainability-focused hedge fund Engine No. 1 has backed 83% of shareholder resolutions on environmental, social and governance (ESG) topics at …
NZ cenbank reaffirms support for plans to tighten climate risk disclosures
(Reuters) – New Zealand’s central bank said on Tuesday it continues to support plans from an independent government body to strengthen climate-related disclosures by the …
Netflix shareholders sue over subscription slump disclosures
By Jody Godoy (Reuters) – Netflix Inc has been hit with a shareholder lawsuit in a U.S. court in California accusing the streaming entertainment company …
Alleghany shareholder sues to block $11.6 billion Berkshire buyout over lack of disclosures
By Jonathan Stempel NEW YORK – Alleghany Corp, which agreed last month to be acquired by Warren Buffett’s Berkshire Hathaway Inc, was sued on Wednesday …
Volkswagen rejects shareholder push for climate lobbying disclosures
BERLIN – Volkswagen has rejected a shareholder proposal for it to explain how its lobbying activities align with its climate goals – something two of …
Almost all climate-related corporate disclosures are inadequate, CDP says
By Simon Jessop, Tommy Wilkes and Elizabeth Howcroft LONDON – Just 1% of companies who submit climate change-related data to nonprofit environmental disclosure platform CDP …
Lawsuit over Pfizer’s disclosures before Chantix recall is dismissed
By Jonathan Stempel NEW YORK – A federal judge on Wednesday dismissed a proposed class action lawsuit by consumers who accused Pfizer Inc of failing …