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Missouri AG Investigates Proxy Advisors Over ESG and DEI Practices

Missouri AG Andrew Bailey announced that his office is investigating and has filed parallel lawsuits against Glass, Lewis & Co. and Institutional Shareholder Services, two major corporate proxy advising firms, for alleged violations of state consumer protection laws. According to the filings against Glass, Lewis and ISS, the firms may have presented themselves as neutral…

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AGs Hold Fire as ATF Agrees to Keep FRTs Out of Their States

A group of 16 Democratic AGs withdrew their motion for a preliminary injunction in a lawsuit challenging a decision by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to redistribute thousands of previously seized forced-reset triggers (FRTs)—devices that increase the rate of fire of semi-automatic firearms. In their notice of withdrawal, the AGs cited…

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AGs Inject Accountability into Pharma Practices via $202M Gilead Settlement

New York AG Letitia James, along with a bipartisan coalition of 48 other AGs and in coordination with the U.S. DOJ, announced a $202 million settlement in principle with Gilead Sciences, Inc. (“Gilead”), to resolve allegations that the company ran an illegal kickback scheme to promote medications. According to the AG’s press release, Gilead violated…

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Bipartisan Coalition of AGs Secures $720 Million Settlement with Opioid Manufacturers

Virginia AG Jason Miyares, along with a bipartisan coalition of eight other AGs, announced a $720 million settlement with eight opioid drug manufacturers to resolve allegations that they contributed to the opioid epidemic. According to the press release, under the terms of the settlement, seven companies are barred from promoting or marketing opioids, restricted from…

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