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Litigation minute: The "G": governance issues keep the board from getting bored ESG in litigation series: Part three of eight

USA - June 21 2022 Class actions alleging the Board of Directors breached its fiduciary duties have become increasingly prevalent, as shareholders seek to hold…

Wesley A. Prichard, Melissa J. Tea

Washington becomes latest state to tighten restrictions on telemarketing

USA - May 23 2022 While claims under the Telephone Consumer Protection Act have become more difficult for plaintiffs to assert successfully following the U.S. Supreme…

Joseph C. Wylie II, Jonathan R. Vaitl

Vale's ESG Disclosures Lead to Regulatory and Shareholder Litigation

USA - May 19 2022 On 28 April 2022, the Securities and Exchange Commission (SEC) filed suit against Vale S.A. (Vale), a publicly traded Brazilian mining company and…

Matthew B. Goeller, Melissa J. Tea

Approval of US$237.5 Million Settlement in Boeing derivative action demonstrates impact of section 220 demand in ESG litigation

USA - March 23 2022 In a derivative action In re Boeing Company Derivative Litigation, Boeing's stockholders obtained approval from the Delaware Court of Chancery for a…

Matthew B. Goeller

Seventh Circuit strikes down Delaware forum selection clause and clears path to federal court for Securities Exchange Act claims

USA - March 8 2022 The Seventh Circuit issued a resounding message: Delaware forum selection clauses in corporate bylaws cannot lawfully prevent a plaintiff from…

Lisa R. Stark, Jonathan R. Vaitl, Paul J. Walsen