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EXCLUSIVE: Texas AG Paxton Targets DEI, ESG in Shareholder Advisory Firm Lawsuit
Texas Attorney General Ken Paxton brought a lawsuit against one of the world’s largest investment advisers, alleging it pushes an ESG agenda, an acronym for environmental, social, and governance. The lawsuit names the San Francisco-based Glass Lewis, a firm that advises more than 1,300 investment managers, and says its clients manage $40 trillion across 100…