Oklahoma attorney general fires legal team after judge blocks anti-ESG law [Yahoo! Finance]
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Source: Yahoo! Finance
state law prohibiting state pension systems from contracting with companies that limit investment in the oil and gas industry, days after a judge temporarily blocked the statute's enforcement. Republican Attorney General Gentner Drummond in a statement on Thursday said he was firing counsel at the Plaxico Law Firm, which he said was handpicked by state Treasurer Todd Russ to defend the law. Drummond said he would also remove Russ from any decision-making authority over the legal defense going forward. The decision came after a state judge on Tuesday issued a temporary injunction blocking enforcement of the law in oil-rich Oklahoma. The judge found that a retired state employee who is challenging the measure was likely to succeed in his lawsuit alleging the law violates the state constitution and is too vaguely written. "It is extremely disappointing that the counsel hired by Treasurer Russ was unable to secure a favorable ruling in defense of Oklahoma's anti-ESG law," Drummond s
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