Activist Investors Fret over Exxon Mobil’s Lawsuit Bypassing U.S. Regulator

(Reuters) – Investors that use shareholder resolutions to pressure companies on environmental and social issues said they are worried that an Exxon Mobil  lawsuit bypassing the U.S. securities regulator could undermine their influence. Under appointees of U.S. President Joe Biden, the Securities and Exchange Commission (SEC) has made it more difficult for companies to prevent … Read more