Directors at UK’s £82bn scheme for academics could face lawsuit over alleged ‘breach of duties’, including staying in fossil fuels
USS members take claim against directors to UK High Court as divestment rises up investors’ agenda
Members of the Universities Superannuation Scheme (USS) are seeking permission from the UK’s High Court to sue the directors of the £82bn pension scheme, accusing them of having breached their duties in four ways, including by staying invested in fossil fuels.
On Saturday, member…
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