BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management firm ...

The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...

BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee Attorney General Jonathan Skrmetti over its use of sustainable-investment ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas issued an opinion in Spence v. Am. Airlines, ...

The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee Consumer Protection Act. The suit alleged that BlackRock overstated the financial ...

The GOP claims that these have been a vehicle for major financial institutions to push woke, green agendas through stock ownership ... Anti-ESG crusaders argued that asset managers like Blackrock ...

Texas and ten other states recently filed a groundbreaking lawsuit against three asset management behemoths, taking them to task for a massive ESG (Environmental ... the CEO of BlackRock, which ...

we manage [clients’] portfolios.’ And BlackRock maintains its membership in UN PRI where it has pledged to ‘incorporate ESG issues into [its] ownership policies and practices.’" ...