Investor Suit Over Subsidiary’s Resolution To Boycott Israel Is Dismissed

(September 11, 2023, 10:06 AM EDT) -- NEW YORK — A federal judge in New York dismissed investors’ putative class action securities lawsuit against Unilever PLC and several of its former officers and directors for failing to disclose a resolution passed by an independent board of Unilever’s subsidiary Ben & Jerry’s Homemade Inc. to end sales in Israeli-occupied territories, ruling that the investors failed to sufficiently plead scienter....