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RELX.US
id: 1308
RELX Group (RELX) Misleading ESG Claims and Retaliation Case
D. Massachusetts
Court1:24-cv-12022
Case number06 Aug 2019
Class period Start06 Aug 2024
Class period End06 Oct 2024
Lead Plaintiff motion deadline- $RELX stockholders filed a claim against RELX Group for misleading about its commitment to ESG standards.
- RELX investors can join this case to be notified about potential recovery.
Case Details:
RELX Group presented itself as a leader in ESG by claiming strong environmental and social responsibility practices.
Later, the news revealed that RELX Group wasn’t actually meeting the environmental and social goals it had promoted.
Additionally, an employee who raised concerns about these misleading claims was fired.
Based on these events, $RELX stockholders filed a claim against RELX Group and its leaders, accusing them of:
- Misleading investors and the public about the company’s ESG practices.
- Punishing an employee for raising valid concerns about these practices.
Investors believe that RELX Group misled them about its ESG practices, leading to financial losses and harming the company’s reputation.
Case Status
Lead Plaintiff Submission
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Negligence
Suspected Party
Management,
Shareholder,
Research Entity
Security Type
Stocks
Trade Direction
Long
Shock Event Date
24 February 2024
Filing date
06 August 2024
Lead Plaintiff Deadline
06 October 2024
Judge
Hon. Patti B. Saris