Disclosure

Utah Judge Strikes Down Amendment D, Citing Misleading Language and Lack of Proper Disclosure

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SALT LAKE CITY, Utah — A significant legal ruling on Thursday invalidated Utah’s Amendment D, which aimed to grant the state legislature the authority to repeal citizen-passed ballot initiatives. Judge Dianna Gibson struck down the amendment citing a failure to meet transparent and statutory requirements. Gibson’s 16-page opinion emphasized the importance of a fully informed electorate in effective democratic participation, noting that misleading and incomplete disclosures about the amendment compromised the essence of voters’ rights. She declared, “Amendment D is void and shall be given no effect.” Despite the ruling, the ballots for the upcoming … Read more

New Climate Disclosure Rules Set to Transform Corporate Australia; Over 6,000 Firms to Comply

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Canberra, Australia — Australia is set to implement stringent new regulations that will require companies to make significant climate-related disclosures, marking a major step in aligning with global standards set by the International Sustainability Standards Board. This move underscores a growing trend among nations to adopt mandatory climate disclosure rules, reflecting heightened international focus on environmental accountability. From January onward, more than 6,000 entities, including both listed and unlisted firms, financial institutions, and asset owners, will need to comply with these rules. This includes the reporting of Scope 1, Scope 2, and Scope 3 greenhouse … Read more

Landmark Trial Begins: Allegations Rise Over Truvada’s Safety and Disclosure Practices

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San Francisco, CA – A groundbreaking legal battle is underway in San Francisco where a group of plaintiffs has filed a lawsuit against Gilead Sciences Inc., the manufacturer of Truvada, a drug widely used in the treatment and prevention of HIV. The lawsuit alleges that Gilead held back on a safer alternative to Truvada for years to maximize profits from its existing patent, deliberately compromising patient safety. Truvada, known generically as emtricitabine/tenofovir disoproxil fumarate, has been instrumental in both HIV treatment and as a pre-exposure prophylaxis (PrEP) that reduces the risk of HIV infection. However, … Read more

Governor Newsom Proposes Two-Year Delay to California’s Groundbreaking Climate Disclosure Requirements for Large Corporations

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SACRAMENTO, Calif. — Governor Gavin Newsom is pushing for a significant postponement in California’s pioneering climate disclosure laws. These laws, the first of their kind in the nation, affect companies doing business within the state that generate more than $500 million in annual revenue. Newsom’s new legislative suggestions advocate for shifting the compliance deadlines back by two years, citing feasibility concerns and the economic burdens they impose on businesses. Under the proposed amendments, businesses with an annual revenue exceeding $1 billion would now have until 2028 to disclose their direct and indirect greenhouse gas emissions, … Read more