
12 Mar
2025
12 Mar
'25
2:30 p.m.
NYC Workers Can't Revive Fossil Fuel Divestment Challenge <https://www.law360.com/compliance/articles/2309081?nl_pk=7f7472c8-af4a-4299-9ac5-a594bd6cf4d5&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2025-03-12&read_main=1&nlsidx=0&nlaidx=22> By Patrick Hoff A New York state appeals court refused Tuesday to reopen a lawsuit claiming several New York City pension plans unlawfully put politics over municipal employees' financial needs by divesting $3.9 billion from fossil fuels, backing a trial court's determination that the workers hadn't shown their benefits were affected.