Friday, November 21, 2014

Harvard Students Move Fossil-Fuel Divestment Fight to Court

Protesters at Harvard in 2013. A group of students wants the school to divest its fossil fuel stocks. (Credit: Christopher J. Magnani/The Harvard Crimson) Click to Enlarge.
A group of Harvard students, frustrated by the university's refusal to shed fossil fuel stocks from its investment portfolios, is looking beyond protests and resolutions to a new form of pressure:  the courts.

 The seven law students and undergraduates filed a lawsuit on Wednesday in Suffolk County Superior Court in Massachusetts against the president and fellows of Harvard College, among others, for what they call "mismanagement of charitable funds."  The 11-page complaint, with 167 pages of supporting exhibits, asks the court to compel divestment on behalf of the students and "future generations."

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