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Litigation & class actions
RI’s regular review of governance and engagement news
Concerns over ability of investors to join any legal action against BP.
Call comes as US funds get lead plaintiff status
Could non-compliance with prohibition of controversial weapons be a problem for institutional investors?
Investors to get more say on company boards
A group of international institutional investors have made a statement about the highly publicised spate of suicides at Chinese electronics supplier Foxconn Technology. The group says there is “little evidence of dramatically improved conditions” at the firm and its peers – and calls on the Electronics Industry Citizenship Coalition to be more assertive and proactive […]
Few fund managers sold BP despite some of the warning signs.
IIGCC says potential for future legal proceedings are being looked at by signatories.
As investors get tough on corruption, what are the implications of OECD enhancements to the Anti-bribery Convention
SEC charges prompt funds to take action.