Utah Leads Lawsuit Against Depart of Labor, ESG Rules
Along with Utah, 24 other states joined the lawsuit against the Federal Government.
With the support of 24 other states, Utah Attorney General Sean Reyes announced a lawsuit against a Department of Labor rule that involves ESG (environmental, social and governance) investing, which the AG said would impact millions of 401(k) plans.
The “prudence and loyalty in selecting plan investments and exercising shareholder rights” rule will take …
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