ESG stands for “environmental, social and corporate governance”. In very broad strokes, ESG consists of criteria used to measure a company’s socially responsible behavior. Although the contours of ESG are still vague, there...more
On June 25, 2014, the Supreme Court, in a unanimous decision, ruled in Fifth Third Bancorp v. Dudenhoeffer that there is no “presumption” of prudence extended to fiduciaries of employer stock ownership plans (“ESOPs”) in...more