Business interests, Republican state attorneys general, and environmentalists flocking to upend the SEC’s recently approved emissions reporting rules have spread at least nine lawsuits across six federal courts. Each case has been filed in a circuit with an ideological bent that meshes with the filers, though they have no sway in what’s expected next.
Ultimately, the cases are poised to land as soon as this week in one randomly selected court that would begin to determine the regulations’ fate.
That single court would be determined through a more than three-decade-old lottery process triggered by a request from the Securities and ...
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