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UPDATE 2-U.S. regulator sues ValueAct over Halliburton-Baker Hughes disclosures

2016-04-05 02:17:02| Energy - Topix.net

The U.S. Department of Justice on Monday sued ValueAct Capital for violating notification requirements related to Halliburton Co's Act - by waiting too long to disclose its intentions. "Plainly the regulators are trying to send a message that their view of what constitutes passivity is far more restrictive than what some portfolio managers apparently believe," said Christopher Davis, a partner at law firm Kleinberg Kaplan who chairs its mergers practice.

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Probe of Exxon's climate change disclosures expands

2016-03-30 16:47:22| Oil & Gas - Topix.net

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. New York Attorney General Eric Schneiderman speaks at a news conference with other U.S. State Attorney's General to announce a state-based effort to combat climate change in the Manhattan borough of New York City, March 29, 2016.

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Electronic Odometer Disclosures Part of FAST Act Bill

2015-12-17 07:18:15| AutomotiveDigest.com - Automotive Industry News

The language contained in the FAST Act bill that Congress recently passed and President Obama signed allows states to move forward with programs to implement electronic odometer disclosures, notices, and related materials as long as those processes provide appropriate authentication and security measures. The new law will not only allow for a faster and more convenient process for automobile buyers, but it will also increase accuracy and efficiency at state motor vehicle departments across the country. The Article Electronic Odometer Disclosures Part of FAST Act Bill appeared first on Automotive Digest.

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Paperless Vehicle Sales & Electronic Odometer Disclosures Now Here Vehicle to Vehicle (V2V) Leading to Vehicle to Government (V2G) Next

2015-12-15 21:43:40| AutomotiveDigest.com - Automotive Industry News

The Article Paperless Vehicle Sales & Electronic Odometer Disclosures Now Here Vehicle to Vehicle (V2V) Leading to Vehicle to Government (V2G) Next appeared first on Automotive Digest.

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Exxon case revives the debate over corporate climate disclosures

2015-12-02 17:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Public corporations are supposed to warn investors about the risk to their businesses from climate change, but the tone and wording of those disclosures vary widely among big U.S. manufacturing, automotive and energy companies, according to company documents, and legal and corporate governance experts. Pressure on companies to inform investors about risks associated with climate change was intensifying even before New York state's attorney general disclosed last month that he was investigating...

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