A Texas regulation that forces proxy advisers to elucidate suggestions they make primarily based on “non-financial components” or face a $10,000 advantageous per violation is unconstitutional, the nation’s two largest shareholder advisory companies alleged Thursday in separate lawsuits towards Legal professional Basic Ken Paxton.
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Thursday, August 28
2 Biggest Proxy Advisers Sue Texas AG Over New Law Limiting Advice on ESG, DEI
