Environmental, social and governance
2023 Annual Litigation Trends Survey
United States | Publication | January 18, 2023
Norton Rose Fulbright’s 2023 Annual Litigation Trends Survey indicates that environmental, social and governance (ESG) concerns are growing.
While only 2% of respondents reported ESG-related litigation in 2022, more than one-quarter of respondents (28%) said their exposure in this area had deepened and 24% expect increased exposure in the coming year. Moreover, of those concerned with class actions in the year ahead, more than one in three said ESG-related class actions stand among their greatest concerns.
Download the 2023 Annual Litigation Trends Survey for more details.
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US Supreme Court clarifies scope of liability for omissions under Rule 10b-5(b)
The US Supreme Court has ruled that a “pure omission” under Item 303 of Securities and Exchange Commission Regulation S–K cannot give rise to a private action for securities fraud under Section 10(b) and Rule 10b-5(b) of the Securities Exchange Act of 1934.
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