City of Riviera Beach Police Pension Fund v. Target Corporation et al

  1. March 17, 2025

    4 Suits Benefits Attys Should Watch As ESG Pressures Persist

    A New York City pension fund recently escaped a proposed class action challenging its decision to divest nearly $4 billion in fossil fuel stocks, but experts say potential liability related to environmental, social and governance investment factors in retirement plan investment decisions is on the rise. Here are four suits involving challenges to employee retirement plan investing and ESG that attorneys say they're watching after New York City escaped a suit from its workers.

  2. February 03, 2025

    Fla. Police Pension Sues Target Over 'Woke Capitalism' Losses

    A Florida police department's pension fund sued Target Corp. in federal court in a proposed class action over alleged securities violations, saying the company lost billions of dollars in value after experiencing a sustained backlash from customers due to "woke capitalism" initiatives meant to promote sustainable business practices and diversity.