Events2Join

Red State AGs Continue Legal Fight Against ESG Rule


Red State AGs Continue Legal Fight Against ESG Rule

In competing legal briefs, the two parties to a suit challenging the legitimacy of the so-called ESG rule made their case(s).

Republican AGs continue fight against Biden ESG rule

A coalition of 26 state attorneys general said it is willing to fight the Labor Department rule allowing ESG considerations for employee ...

Red States Continue Fight Over Pro-ESG Retirement Investing Rule

The US Labor Department's ESG-friendly retirement investing rule violates the plain language of federal benefits law and was adopted through ...

Appellate Court Gives 'Red State' AG ESG Suit Another Chance

Post-Chevron ruling, a federal appeals court now wants the district court to reconsider its recent decision supporting the Labor ...

The New Battleground in the Fight over ESG's Role in Public ...

The first attempt to challenge a state or local law addressing ESG policies in the public pension space came in May 2023, when participants in ...

Federal Court Backs DOL in ESG Rule Suit by Red State AGs

Having considered the motions, pleadings, and relevant law,” a federal court judge has backed the Labor Department in a suit brought by 26 ...

Labor Dept. responds to Republican AGs appeal of ESG 401(k) rule

Liberty Energy, which also is challenging the Securities and Exchange Commission's climate disclosure rule, joined the 26 states in the appeal.

State AGs and ESG: Political Whiplash for Policymakers and ...

After years of financial and investment firms solidifying their Environmental, Social and Governance (ESG) bona fides, the political push-and-pull ...

ESG Rule Survives Legal Challenge from Red State AGs

... red” state bid to derail the Department of Labor's controversial ESG investing rule. Judge Matthew J. Kacsmaryk, who was appointed by former ...

Republican-led US states appeal ruling allowing Biden ESG ...

Some Republicans have derided ESG as "woke" capitalism that puts a premium on liberal goals over investor returns. The Employee Retirement ...

26 State AGs Will Appeal ESG Rule Lawsuit Dismissal - plansponsor

After their initial challenge to the DOL's ESG rule was dismissed, the states are appealing to the 5th Circuit Court of Appeals.

GOP attorneys general sue Labor Department over ESG rule

Republican state attorneys general are trying to block a Labor Department rule easing the path for investors to consider ESG criteria.

The State of State ESG Activity as an Election Looms—a 2024 Mid ...

Since 2021, Ropes & Gray has been actively tracking actions that states have taken on how or whether environmental, social and governance (“ESG”) ...

Ten States Sue to Block the SEC's Emissions Disclosure Rules (3)

West Virginia Attorney General Patrick Morrisey on Wednesday announced that a coalition of Republican leaders in 10 states is suing to block ...

Biden ESG rule survives challenge from 25 red states - The Hill

A federal judge sided with the Biden administration Thursday on an administration rule that would allow retirement advisers to include ...

'We're Not Going to Pay for Our Own Destruction': Republican State ...

More than 20 attorneys general and some state legislatures are joining forces against ESG using antitrust conspiracy theories to cement ...

Congressional Republicans and State Attorneys General Challenge ...

Republicans at the state and federal levels are challenging a Biden administration rule (the "Rule") intended to walk back Trump-era ...

Republican-Led States Sue to Block ESG Investment Rule, a Fight ...

1, 2022, finalized regulations titled “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” (the 2022 Rule) ...

State Attorneys General Join Anti-ESG Effort, Amid… - Congress.gov

Over the past year and half, dark money political groups have manufactured a tempest of opposition to efforts by large financial ...

Attorney General Bailey Warns Asset Managers Over ESG ...

– In an effort to enforce the laws as written and protect Missourians, Missouri Attorney General Andrew Bailey and 20 other state attorneys general warned ...