Nebraska AG Takes on Big Business Over Covert DEI Policies

Red state attorneys general are on waging legal warfare against diversity, equity and inclusion policies lingering in big business.Republican Nebraska Attorney General Mike Hilgers filed a lawsuit against proxy advisory firm Institutional Shareholder Services (ISS) Wednesday, alleging the firm illegally implemented DEI policies and flouted its fiduciary duty to pursue ideological ends. Other states are expected to join the lawsuit.

Nebraska’s action follows a Florida lawsuit in November alleging similar wrongdoing by ISS.

“ISS sold Nebraska investors on the promise of objective, independent research. What they were actually getting was advocacy—coordinated with ESG activist organizations, untested against any financial standard, and driven by an ideological agenda that ISS never disclosed,” Hilgers told the Daily Caller News Foundation. “Despite heavy criticism for promising objectivity and delivering ideology, ISS has refused to make any changes. But you cannot promise one thing and deliver another in Nebraska. We are taking action to put