RosadoIndex No. 152743/21 Appeal No. 1230 Case No. 2022-02719[*1]IntegrateNYC, Inc., et al., Plaintiffs-Appellants,vThe State of New York et al., Defendants-Respondents, Parents Defending Education, Intervenor Defendant-Respondent. [read post]

One of the hallmarks of PCCE is that it brings together academics, regulators, and industry professionals, and allows us to have candid conversations about corporate misconduct and the ways in which we can all work together to improve compliance. [read post]

It is a common refrain, mostly on the political right, that considering environmental, social, and governance (“ESG”) factors when investing is probably illegal.[1] The basis for this argument derives from the fiduciary duty of loyalty and its corollary, the “sole interest” or “exclusive benefit” rule, enshrined in both federal and state law, which prohibits fiduciaries from investing for any purpose other than the financial well-being of the beneficiary. [read post]