Harrisburg, PA — Attorney General Michelle Henry, along with Attorneys General from 29 other states, has announced a settlement with Baron, Inc., operating as Cameo, over violations of consumer protection…
LONDON (Reuters) – Global banking regulators on Tuesday proposed a standardised format for major banks to disclose their holdings of cryptoassets from January 2025 to support “market discipline” by giving…
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 rule requiring them to disclose…
(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 retail customers without complying with…
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 concealing risks at its power…
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 anticipated move regulators have said…
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 added environmental disclosures. Tesla was…
(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 a maintenance contract undertaken by…
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 of company shares by insiders,…
(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 such disclosures, the software firm…
By Juliette Portala (Reuters) – Over 330 businesses on Wednesday urged world leaders to force large companies to assess and disclose their impact on nature by 2030, ahead of the…
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 firms reporting, new data published…
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 top U.S. companies so far…
(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 country’s financial firms. Last year,…
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 of misleading the market about…
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 by a shareholder who accused…
BERLIN – Volkswagen has rejected a shareholder proposal for it to explain how its lobbying activities align with its climate goals – something two of the carmaker’s leading competitors have…
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 provide investors with the information…
By Jonathan Stempel NEW YORK – A federal judge on Wednesday dismissed a proposed class action lawsuit by consumers who accused Pfizer Inc of failing to disclose the presence of…