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NYS Comptroller DiNapoli Files Suit Against Wynn Resorts' Board of Directors
… of sexual abuse and harassment of his employees was a breach of their fiduciary duties to the company. Moreover, … visit www.openbooknewyork.com . The easy-to-use website was created by DiNapoli to promote openness in …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-files-suit-against-wynn-resorts-board-directorsDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… The New York State Common Retirement Fund (Fund) will restrict investments in 21 shale oil and gas producing … Inc. Pioneer Natural Resources Co. SM Energy Co. The Fund will divest more than $238 million in public equity and debt … securities issued by these companies. These securities will be sold in a prudent manner and timeframe, consistent …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesNew York State Comptroller DiNapoli and New York City Retirement Systems and Pension Funds Announce Appointment as Lead Plaintiffs in Wynn Resorts Shareholder Lawsuit
… and Pension Funds have been appointed co-lead plaintiffs in a derivative lawsuit filed against certain officers and … employees to perform sex acts, allegations detailed in a January 26, 2018 Wall Street Journal exposé revealing … and CEO of Wynn Resorts and sold all of his stock holdings in the company he named after himself. "I am pleased that the …
https://www.osc.ny.gov/press/releases/2018/05/new-york-state-comptroller-dinapoli-and-new-york-city-retirement-systems-and-pension-funds-announceDiNapoli Announces New Technology Investment Through Contour Venture Partners
… a New York City-based technology company specializing in boosting sales through tracking website visitor activity, received venture funding through Contour … today. The investment was made through the Fund’s In-State Private Equity Program which makes investments in …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-new-technology-investment-through-contour-venture-partnersDiNapoli Announces $15 Million Investment in Northern Ireland
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) is investing … million (£9 million) with Northern Ireland venture capital firm Crescent Capital. The allocation followed an intensive … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandDiNapoli: New York State Common Retirement Fund Reaches Agreements With Portfolio Companies on Political Spending
… corporate funds for political purposes, especially now in an election year with bitter political divisions on display,” … encourage more companies to do the same. Public disclosure is always in the best interest of shareholders.” Since the … Cruises Ltd. – Proposal received 32 percent support from shareholders CMS Energy Corporation – Proposal received …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-york-state-common-retirement-fund-reaches-agreements-portfolio-companies-politicalNational Investors Call for Workplace Disability Inclusion
… (CalSTRS), and Fortune 500 asset manager Voya Financial. “Disability inclusion provides businesses with a great … in their workforce and continue to identify opportunities for improvement.” "Today's announcement on disability … with disabilities." When companies adopt best practices for hiring people with disabilities, they outperform their …
https://www.osc.ny.gov/press/releases/2019/05/national-investors-call-workplace-disability-inclusionDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… that have not demonstrated that they are prepared for the transition to a low-carbon economy, New York State … to adapt to the low-carbon future. Companies responsible for large greenhouse gas emissions like those in this industry, pose significant risks for investors.” Oil sands companies produce a heavy type of …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDiNapoli Presses Companies on Political Disclosure
… the subject of shareholder votes at the companies’ annual meetings this spring. “Investors have the right to know if …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-presses-companies-political-disclosureOpinion 88-15
… issues discussed in the opinion. CONFLICTS OF INTEREST -- Insurance Transactions (village board member and school district attorney as comptroller of incorporated insurance company) GENERAL MUNICIPAL LAW, §§800(3), 801: A village trustee who is also the comptroller of an insurance company would have a prohibited conflict of …
https://www.osc.ny.gov/legal-opinions/opinion-88-15DiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… Comptroller Thomas P. DiNapoli today announced that, as a result of recent shareholder proposals he has filed on … file a proposal asking Duke Energy for a report assessing how the expected reduction in use of fossil fuels will impact its business in light of the International Energy Agency’s (IEA) Net Zero …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksDebt – 2022 Financial Condition Report
… The debt burden of a governmental entity creates fixed costs that directly … increased taxation or additional future borrowing. Limit the capacity to finance future capital assets and grants. New … Second Highest in Outstanding Debt Nationwide At the end of SFY 2021-22, the State reported the following debt levels: …
https://www.osc.ny.gov/reports/finance/2022-fcr/debtDiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… Inc. , medical supply company McKesson Corp. , commercial real estate company Realty Income Corp. and Advance Auto Parts Inc … a slate of candidates put forward by activist investment firm Engine No. 1, who won seats on ExxonMobil’s Board of …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-seasonDebt – 2021 Financial Condition Report
… over the next five years, declining to $4 billion in SFY 2025-26. For the second year in a row, the SFY 2021-22 … This includes remaining bonds issued by the New York Local Government Assistance Corporation (LGAC), bonds issued by the … Corporation to refund certain LGAC bonds and the Municipal Bond Bank Agency. An additional $1.5 billion in debt …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtState Comptroller DiNapoli Details Progress on Corporate Political Spending Disclosure
… announced that he called on 16 companies, including Tesla Inc., Domino’s Pizza Inc., and Garmin Ltd., requesting similar comprehensive … Space Storage Inc. Boyd Gaming Corp. Broadcom Inc. Crown Holdings Inc. Dentsply Sirona Inc. KBR Inc. Mosaic Co. …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-details-progress-corporate-political-spending-disclosureComptroller DiNapoli and A.G. Schneiderman Announce Arrest of Florida Man for Theft of Over $180,000 in NYS Pension Benefits
State Comptroller DiNapoli and Attorney General Schneiderman announced the unsealing of an indictment charging Robert J Schusteritsch with the crimes of Grand Larceny in the Second Degree a class C felony and Criminal Impersonation in the Second Degree a class A misdemeanor
https://www.osc.ny.gov/press/releases/2016/09/comptroller-dinapoli-and-ag-schneiderman-announce-arrest-florida-man-theft-over-180000-nys-pensionDiNapoli: NY Pension Fund Reaches Climate Agreements With Five Portfolio Companies
… DiNapoli announced today, along with releasing the fourth annual Climate Action Plan Progress Report . “As trustee of the Fund, one of my top priorities is … disclose climate transition action plans. The utility WEC Energy Group Inc. agreed to publicly disclose a feasibility …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-ny-pension-fund-reaches-climate-agreements-five-portfolio-companiesU.S. Environmental Protection Agency
I write as Trustee of the New York State Common Retirement Fund (CRF, or Fund), one of the largest public pension plans in the United States, valued at $248.5 billion as of March 31, 2023.
https://www.osc.ny.gov/files/press/pdf/u.s.-environmental-protection-agency-regan.pdfOpinion 98-17
… This opinion represents the views of the Office of the State Comptroller at the time it was … PUBLIC OFFICERS LAW, §18; PUBLIC HOUSING LAW, §30: A town board, by local law or resolution, may agree to confer … for the costs incurred under section 18. You ask whether a town may confer the benefits of Public Officers Law, §18 upon …
https://www.osc.ny.gov/legal-opinions/opinion-98-17Comptroller DiNapoli and A.G. Schneiderman Announce Conviction and Sentencing of Florida Man For Theft of Over $180,000 in NYS Pension Benefits
… in the Second Degree, a class A misdemeanor, in Albany County Court. Schusteritsch’s conviction comes after a … arrested in his home state of Florida and transported to Albany County, where he was arraigned on an indictment … Division of Investigations, 14th Floor, 110 State St., Albany, NY 12236. For access to state and local …
https://www.osc.ny.gov/press/releases/2016/12/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-and-sentencing-florida-man-theft-over