Clara Hudson

A shareholder of Loop Industries Inc. sued the recycling company and its executives for allegedly breaching their fiduciary duties by withholding information from investors before US authorities uncovered a pump-and-dump scheme.

A proposed class action lawsuit alleging an Illinois mutual insurance company and its directors improperly kept over $3.5 billion in profits to enrich themselves is headed to state court.

Procter & Gamble Co. investors on Tuesday rejected a shareholder proposal that asked for more details on the company’s business in China.

Patagonia is a fan of California’s plan to ramp up corporate climate disclosures. In fact, it thinks it’s long overdue.

Nestlé Purina Petcare Co. was sued Thursday for allegedly misleading consumers when it marketed its pet food as “natural.”

A slew of businesses including Amazon, Eli Lilly and Delta made public statements shortly after the Oct. 7 surprise Hamas attack that killed more than 1,400 people in Israel. Still, the corporate response to the conflict that has now seen thousands of Israeli and Palestinian deaths has been relatively muted so far when compared to other crises like the war between Russia and Ukraine.

Democrats honed in on the risk of discrimination by AI tools at a House Financial Services hearing Tuesday, quizzing witnesses about how to protect consumers in the financial and housing industries.

Securities and Exchange Commission Chair Gary Gensler started out with big plans on ESG but, four years later, major regulations are unfinished and they’ll likely remain that way.

Executives at Fortune 500 companies from JPMorgan Chase to Cigna Healthcare are reassuring investors that they remain committed to diversity, equity, and inclusion principles, even as mounting attacks on DEI erode certain programs.

“It’s good for business; it’s morally right; we’re quite good at it; we’re successful,” Dimon said at a Council of Institutional Investors conference this week in Brooklyn.