TALLAHASSEE, Fla.— Attorney General James Uthmeier directed an investigation into proxy advisors Glass Lewis & Co. and Institutional Shareholder Services Inc. (ISS) for potential misrepresentations related to their Environmental, Social, and Governance (ESG) and Diversity, Equity, and Inclusion (DEI) investing policies in violation of the Florida Deceptive and Unfair Trade Practices Act and possible unlawful collusion in adopting and enforcing these policies in violation of the Florida Antitrust Act of 1980. Civil Investigative Demands will be forthcoming.
“We won’t allow ESG goals to handcuff Florida businesses and threaten Floridians investments,” said Attorney General James Uthmeier. “If these proxy advisors use their overwhelming market power to advance partisan political agendas rather than maximizing shareholder value, we will hold them accountable.”
Glass Lewis and ISS provide vote recommendations to institutional investors and control a large share of the proxy-advisory market, with some estimates as high as 97%. Institutional investors, such as those who manage the portfolios of many Americans’ retirement accounts, rely on proxy advisors to direct them on how to vote their shares. Thus, the decisions of proxy advisors have a substantial influence over how major American companies are run. Continue reading
TALLAHASSEE, Fla.— Attorney General James Uthmeier announced that the Consumer Protection Division secured a lifetime ban and final judgments totaling more than $4 million settling ongoing litigation related to a Florida-based moving brokerage scheme. Charles Abrams, Rudolph Rice, and Daniel Metz operated a common enterprise of moving brokerage companies, including Gold Standard Moving and Storage and others.
“We will not tolerate shady moving operators scamming hardworking Floridians,” said Attorney General James Uthmeier. “Thanks to the work of Senior Assistant Attorney General Josie Warren, Deputy Director Sasha Funk Granai, and Assistant Attorney General Pooneh Charkhian-Martinez of the Consumer Protection Division, these operators and entities are permanently banned from the moving business in Florida and will be paying millions of dollars in monetary judgments.” Continue reading
Apr 01
Dining With Diabetes: 4-part Class Series
1:30 PM – 3:30 PM UF/IFAS Extension Lake County in Tavares4/14/84/154/22
This 4-part class series gives the opportunity to better understand diabetes, its related factors, nutrition education, and effective management strategies.
Apr 04
Exploration Hike
8:00 AM – 9:30 AM Ferndale Preserve in Clermont4/45/26/67/4 Plus More
Join staff and explore the habitats and species of Ferndale Preserve. Hike intensity: Vigorous. Reservations required.
Apr 04
First Friday
6:00 PM – 9:00 PM Downtown Eustis in Eustis
Join us for our Eustis First Friday Street Party from 6 – 9 p.m.! Our family-friendly monthly street parties host a wide variety of food, vendors and more.
Apr 05
Umatilla Garden Club
10:00 AM – 11:00 AM Umatilla Public Library in Umatilla4/55/3
Connect with local garden enthusiasts and cultivate your green thumb!
Apr 05
Wetland Excursion – Hidden Waters Preserve
9:00 AM – 12:00 PM Hidden Waters Preserve in Eustis
Join us for a fast paced guided hike at Hidden Waters Preserve to explore the diverse ecosystems within the Preserve, including the plants and animals and more.
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