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SEC Settlement Highlights Potential Board Oversight Liability Related to ESG Risks

By Sonia Barros, Stephen Cohen, and Paige Holden Montgomery

07/01/2023

Directorship Magazine

On March 28, the US Securities and Exchange Commission (SEC) announced a $55.9 million settlement with Vale SA, a Brazilian mining company whose American depository shares and notes are registered with the SEC and publicly traded on the New York Stock Exchange...

Sidley Austin is an NACD strategic content partner providing directors with critical and timely information and perspectives. Sidley Austin is a financial supporter of the NACD.

The authors thank Amanda Steger for her assistance with this article.

 

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Sonia Barros 
Sonia Barros is a partner at Sidley Austin.

 Stephen Cohen
Stephen Cohen is a partner at Sidley Austin.

  Paige Holden Montgomery
Paige Holden Montgomery is a partner at Sidley Austin.

 

This article is from the Summer 2023 issue of Directorship.

 

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