Law360, New York ( November 19, 2015, 9:53 AM EST) -- New York Attorney General Eric T. Schneiderman may be leading the way again. In the past, the office has led groundbreaking investigations using New York's Martin Act that presaged significant U.S. Securities and Exchange Commission investigations and actions. Now the NY AG has filed a "first-of-its-kind" settlement with the world's largest coal producer, Peabody Energy Corp. Using the Martin Act and statements made by the company in its filings with the SEC as well as other public statements, the NY AG charged Peabody with repeatedly making false and materially incomplete statements regarding climate change. In the Matter of Investigation by Eric T. Schneiderman, Attorney General of the State of New York of Peabody Energy Corporation, Assurance No. 15-242 (Nov. 9, 2015)....
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