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Divesting a public retirement plan of fossil-fuel based investments in order to allocate more to "green" investments, is speculative and "insufficient to trigger judicial intervention"
17 Mar 2025, 6:00 am by Public Employment Law Press
Moreover, absent an injury, there was "little to be gained from an abstract challenge to alleged fiduciary misconduct at the cost of the plan and those participants who did not bring (and may not approve of) the suit" (David v Alphin, 704 F3d 327, 336 [4th Cir 2013]). [read post]
New York Public Personnel Law - https://publicpersonnellaw.blogspot.com/
Divesting a public retirement plan of fossil-fuel based investments in order to allocate more to "green" investments, is speculative and "insufficient to trigger judicial intervention"
17 Mar 2025, 6:00 am by Public Employment Law Press
Moreover, absent an injury, there was "little to be gained from an abstract challenge to alleged fiduciary misconduct at the cost of the plan and those participants who did not bring (and may not approve of) the suit" (David v Alphin, 704 F3d 327, 336 [4th Cir 2013]). [read post]
New York Public Personnel Law - https://publicpersonnellaw.blogspot.com/
All Eyes on the Supreme Court for Consumer Class Action Lawyers
10 Oct 2015, 4:15 pm by admin
Plan of Avon Prods., 561 F.3d 112 (2d Cir. 2009); David v. [read post]
Ad Defense Law - http://adlawdefense.com/