Description: Challenge to the Securities and Exchange Commission’s final rule on proxy vote reporting requirements for registered management investment companies.
Status: Brief filed in support of motion for preliminary injunction and temporary restraining order. [ 02/28/2023 ]
Description: Challenge to the U.S. Department of Labor’s final rule on “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” (the Investment Duties regulation).
Description: Securities class action lawsuit alleging that a company that develops, constructs, acquires, and owns and operates wood pellet production plants misrepresented the environmental sustainability of its business.
Description: Stockholder derivative action against board of directors and upper management at a company that produces a "purportedly biodegradable plastic alternative."
Description: Federal securities class action against company that produces a biodegradable plastic alternative for allegedly making false and misleading statements about the company, including by overstating the product's biodegradability in oceans and landfills.
Status: Motion by William Michael Cunningham for leave to file amicus brief in support of plaintiffs denied. [ 09/01/2022 ]
Description: Challenge to the U.S. Securities and Exchange Commission’s (SEC’s) adoption of amendments to Rule 14a-8, which governs the submission of shareholder proposals for inclusion in a company’s proxy statement.
Status: Judgment entered in favor of defendant with respect to one plaintiff and in favor of a second plaintiff. [ 02/25/2021 ]
Description: Lawsuit to compel company to allow stockholders to inspect books and records for multiple purposes, including to investigate potential misrepresentations regarding performance of "green energy" technology.
Status: Reply in further support of motion to dismiss filed by nominal defendants and defendants. [ 10/29/2021 ]
Description: Consolidated shareholder derivative action against directors and senior officers of Exxon Mobil Corporation for misleading the public concerning climate change and its impacts on Exxon's business.
Status: Motion to transfer granted. [ 09/15/2020 ]
Description: Shareholder derivative lawsuit against Exxon Mobil Corporation directors and officials concerning alleged misrepresentations of the company's use of proxy costs of carbon.
Status: Denial of special motion to dismiss affirmed. [ 05/24/2022 ]
Description: Action by Massachusetts attorney general asserting that Exxon Mobil Corporation committed deceptive practices against Massachusetts investors and consumers, including by failing to disclose climate change risks.
Status: Defendant's cross-motion for summary judgment granted and plaintiff's cross-motion for summary judgment denied. [ 02/25/2020 ]
Description: Lawsuit seeking to bar the defendant from excluding the plaintiff's shareholder proposal requesting that the defendant cease coal-fired power generation.
Status: Stipulation of settlement and dismissal filed. [ 01/18/2019 ]
Description: Lawsuit by New York City pension funds to compel aerospace company to include climate change-related shareholder proposal in its proxy materials.
Description: Stockholder derivative action alleging breaches of fiduciary duties in connection with natural gas leak from natural gas storage facility in Southern California.
Status: Second amended complaint dismissed. [ 02/04/2019 ]
Description: Class action lawsuit on behalf of Exxon Mobil Corporation (Exxon) employees alleging that Exxon defendants' failure to disclose climate change information violated fiduciary duties under Employee Retirement Income Security Act.