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Federal Judge Mark Pittman ruled the case became moot after Arjuna Capital promised to withdraw the climate change shareholder proposal that had spurred the lawsuit and to never submit anything similar again.        

The suit claims the global security company has failed to disclose integral financial information to enable current shareholders assess the value of their holdings pre vs. post-sale.        

“This is not a partisan, political issue. It is Rule of Law 101. The next generation of lawyers must understand the challenges we face, take the torch we pass to them and continue the hard work to safeguard our democracy.”        

“The law teaches us how to think about both sides of things, how to anticipate issues, how to see around the corner, and all of those skills are very, very important to be a valuable board member,” said ex-AbbVie Chief Legal Officer Laura Schumacher, a director of two companies.        

The NLJ 500 is the National Law Journal’s survey of the 500 largest law firms in the United States covering the previous calendar year.