Supreme Court's Ruling in Goldman Sachs Leaves Open a Path for Securities Fraud Claims Based on Generic ESG Statements
By EsqSocial Corporation 29/06/21
In April, we analyzed whether a corporation’s purely generic public statements on environmental, social and governance (“ESG”) issues could form the basis of a subsequent securities fraud action. At the time, we identified a case pending before the United States Supreme Court, Goldman Sachs Group v. Arkansas Teacher Retirement System, which had the potential to offer significant clues to the future of ESG-related litigation based on generic statements......
By: Bracewell LLP