Bloomberg Law
Environmental, Social & Governance (ESG)

JPMorgan Isn’t Taking Any Chances With New EU ESG Rule

The asset management unit of JPMorgan Chase & Co.is breaking away from a number of its peers and voluntarily complying with a new European Union rule that requires fund managers to report their social and environmental impact.

Wells Fargo Wins Dismissal of Investor Suit Over Fake Interviews

A federal judge dismissed a shareholder lawsuit against Wells Fargo & Co. over allegations the bank set up fake job interviews to meet in-house diversity guidelines.

Michael Jackson’s Companies Face Reinstated Sex Abuse Claims

Two of Michael Jackson’s corporations must defend claims that they negligently failed to protect two children from sexual abuse by the deceased singer.

Bank of America Whistleblower Has Setback in False Records Suit

A whistleblower suit alleging Bank of America Corp. submitted false records to receive funding under a mortgage assistance program from the US government should be dismissed, a federal magistrate judge recommended.

SEC Disclosure Rules Face ‘Sea Change’ Challenge From Business

Business groups’ First Amendment challenge to a Securities and Exchange Commission rule on stock buybacks threatens far-reaching consequences for the regulator’s efforts to require disclosure of corporate information.

Latest Stories

California Law Extends to Entities Hired by Employers as Agents

Business entities acting as agents of an employer can be directly liable for discrimination under California’s Fair Employment and Housing Act, the state supreme court unanimously ruled Monday in a case involving a medical screener that allegedly asked job applicants impermissible questions.

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ESG Explained: Socially Conscious Capitalism and Its Backlash

Republican state leaders have been pulling billions out of pension funds managed by investment firms like Black Rock. Why? Something called ESG. In this video, we explain what ESG is, why it’s become such a hot topic and what regulation — and litigation — we can expect in the near future.