Exxon ESG Proxy Statement Suit May Chill Investor Proposals
Exxon ESG Proxy Statement Suit May Chill Investor Proposals <https://www.law360.com/compliance/articles/1796229?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-02-15&read_main=1&nlsidx=0&nlaidx=19> Exxon Mobil’s recent use of a Texas federal lawsuit to intimidate shareholders into withdrawing a climate-friendly proxy proposal could inspire more public companies to sue to avoid adopting ESG resolutions — a power move that would chill activist investor participation and unbalance shareholder-corporate relations, say Domenico Minerva and James Fee at Labaton Keller. Complaint attached | Read full article » <https://www.law360.com/compliance/articles/1796229?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-02-15&read_more=1&nlsidx=0&nlaidx=19> | Save to favorites » <https://www.law360.com/compliance/articles/1796229?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-02-15&read_later=1&nlsidx=0&nlaidx=19>
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Gunnar Larson