Sehrish Siddiqui

Dec 16, 2024 | jdsupra.com | Sehrish Siddiqui

On December 11, the Court of Appeals for the Fifth Circuit vacated Nasdaq Listing Rule 5605(f) and Nasdaq Listing Rule 5606(a) (together with Nasdaq Listing Rule IM-5900-9, the Board Diversity Rules) by a 9-8 vote. In Alliance for Fair Board Recruitment v. SEC, the Fifth Circuit held that the Securities and Exchange Commission (SEC) acted outside of its authority when it approved Nasdaq’s Board Diversity Rules in 2021.

Dec 12, 2024 | jdsupra.com | Sehrish Siddiqui

Join Bass, Berry & Sims and leading environmental, social, and governance (ESG) along with corporate and securities thought leaders for the next installment of our ESG Impact Webinar series. As public companies prepare for the 2025 reporting season amid the transition to the new administration, staying ahead of the curve is essential. Our panelists will share valuable insights on key developments and considerations for companies as they prepare for the evolving ESG landscape.

Dec 6, 2024 | news.bloomberglaw.com | Sehrish Siddiqui

Environmental, social, and governance matters remain important to companies and shareholders despite an evolving regulatory landscape, transitioning US administration, and diverse set of stakeholder views. Companies continue to face more pressure around ESG transparency and the urgency to show progress. At the same time, these companies face seemingly increasing risks for greenwashing claims amid a perceived ESG backlash.

Nov 12, 2024 | mondaq.com | Sehrish Siddiqui

Soon after California passed far-reaching climate legislation last year (referred to herein as SB 253 and SB 261; see our earlier blog post here and here for background), it was challenged in the U.S. District Court for the Central District of California (the district court). In Chamber of Commerce of the United States of America et al. v. California Air Resources Board et al., No. 2:24-cv-00801 (C.D. Cal.

Nov 8, 2024 | jdsupra.com | Sehrish Siddiqui

Soon after California passed far-reaching climate legislation last year (referred to herein as SB 253 and SB 261; see our earlier blog post here and here for background), it was challenged in the U.S. District Court for the Central District of California (the district court).  In Chamber of Commerce of the United States of America et al. v. California Air Resources Board et al., No. 2:24-cv-00801 (C.D. Cal.