Office of the New York City Comptroller

News Updates

NYC Comptroller Lander Lauds AFT President for Call to Hold Tesla Accountable Day After Comptroller Calls for Legal Action

A day after New York City Comptroller Brad Lander called to moved forward on securities litigation against Tesla, the American Federation of Teachers (AFT) doubled down on calls to hold Tesla accountable for Elon Musk pledging large amounts of Tesla shares as loan collateral. Comptroller Lander released the following statement:  “AFT President Randi Weingarten is right—Elon Musk’s absentee leadership at Tesla is failing workers and investors. I echoed these concerns in my call yesterday for the New York City Law...

NYC Comptroller Lander & Pension Trustees Announce Significant Progress on Net Zero Plan, Despite Climate Retreats and Rollbacks by Other Investors

New York, NY – New York City Comptroller Brad Lander and trustees of three of New York City’s public pension fund boards, today announced dramatic declines in greenhouse gas emissions financed by their public equity and corporate bond investments as of the end of fiscal year (FY) 2024. Between 2019 and 2024 there was a 37% weighted average reduction in Scope 1 and 2 greenhouse gas emissions for the New York City Employees’ Retirement System (NYCERS), Teachers’ Retirement System (TRS), and Board of...

NYC Comptroller Brad Lander Moves to Pursue Securities Litigation Against Tesla Board of Directors

Today, New York City Comptroller Brad Lander urged the New York City Law Department to pursue securities litigation against Tesla on behalf of the the New York City pension systems.  The basis of the potential litigation are the material misstatements from Tesla claiming that CEO Elon Musk spends significant time on the company and is highly active in its management, despite his helming the Trump Administration’s DOGE initiative, spending little of his time actually managing Tesla, and promoting policies that are...

Statement from NYC Comptroller Lander on Brooklyn Crash That Killed Three Pedestrians in Brooklyn

New York, NY—New York City Comptroller Brad Lander released the following statement in response to the crash that killed a mother and her two young children in Brooklyn: “Saturday’s crash was not just tragic—it was preventable. Mayor Adams has abandoned Vision Zero and allowed the Reckless Driver Accountability Act, legislation I spearheaded in the Council, to expire without a replacement. The reckless driver responsible for the deaths of a mother and two of her children in Midwood on Saturday accumulated...

Discover More

$284.27 billion
Jan
2025