Search Results
Use the filters on the left-hand side of this screen to refine the results further by topic or document type.

The Reasonable Investor and Climate-Related Information: Changing Expectations for Financial Disclosures

In recent years, the drumbeat for more expansive climate-related corporate disclosures has grown louder and more consistent within a broader swath of the financial community. This intensifying call argues for considering more climate-related information legally material under existing U.S. securities disclosure law. A key component of materiality as defined in U.S. securities law—who is a “reasonable investor”—is evolving when it comes to climate-related information. This evolution may soon impact what climate-related information courts consider material.

Juliana v. United States

The Ninth Circuit reversed a district court ruling that a group of youths had standing to sue the U.S. government for allegedly failing to act on climate change and violating their right to a safe climate. The youths argued that the government violated their constitutional rights under the Fifth and...