Billionaire Elon Musk revived a lawsuit against OpenAI, giving rise to the six-year-old dispute that started with a power struggle at the San Francisco-based start-up, reported the New York Times on Monday, August 5. The new lawsuit, filed on Monday in a Northern Californian federal court, claimed that OpenAI and two of its founders, Sam … Read more
May 22 – A U.S. judge on Wednesday allowed a lawsuit filed by Exxon Mobil against two activist groups seeking to bar their climate resolution to go ahead against one of the two groups. The oil company’s lawsuit raised alarm among activists and proxy advisers who argued it would muzzle debate among shareholders and public … Read more
May 13 – CalPERS, the biggest public pension plan in the United States, is considering voting against ExxonMobil CEO Darren Woods’ re-election to the board amid shareholder discontent over a lawsuit it filed against two climate-focused investors, the Financial Times reported on Friday. Investors led by U.S. activist investment firm Arjuna Capital and shareholder activist … Read more