The Department of Justice and Federal Trade Commission have bolstered a conservative legal effort to dismantle environmental, social, and governance (ESG)-based investment strategies from three large asset managers by claiming they illegally conspired to artificially raise energy prices.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...