‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInSecurities Suit Arising From Climate Change-Caused Conditions Hits Utility | The D&O Diary
Once again, wildfires are raging across the length of California, from San Francisco to Los Angeles. Once again, the electricity transmission facilities of PG&E are thought to have caused or contributed to at least some of the wildfires. And once again, in the wake of the wildfires, shareholders have launched a securities class action lawsuit […]
More About Climate Change Disclosure | The D&O Diary
As I have previously noted on this site, climate change-related disclosure is a hot button issue for certain activist investors and non-governmental organization. A series of recent actions underscores the extent to which some groups are attempting to escalate these disclosure issues, with significant impact. As described below, a number of companies have joined collaborative […]
Australia: Companies May Face Securities Class Actions Related to Climate Change Disclosure
Australian companies may face securities class actions unless they adequately report the risks that climate change poses to their businesses. The potential exposure is for 700 companies that will “eventually be required to report their emissions levels under the National Greenhouse and Energy Reporting Act, brought in from July 1 this year,” according to The […]