On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L.P., vacating a Second Circuit judgment that had reinstated.
In re McDonald’s Corporation Stockholder Derivative Litigation, plaintiff-stockholders of McDonald’s asserted claims for breach of fiduciary duty against McDonald’s, its Board of Directors, certain officers for alleged corporate culture of sexual harassment and misconduct.
Last year, we discussed how stockholder complaints concerning environmental, social, and governance (“ESG”) issues were making their way to the courtroom and, specifically, how the.
In early 2022, the ESG ratings industry attracted attention when electric vehicle manufacturer Tesla Inc. was dropped from the S&P 500 ESG Index. Explaining its decision, S&P cited.