Tennessee settles lawsuit with BlackRock
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.
Tennessee AG Secures Settlement with BlackRock Over Alleged Misuse of ESG in Investment Strategies
Tennessee AG Skrmetti settles with BlackRock over ESG disclosures, ensuring transparency and fidelity to investors' interests.
Attorney General Skrmetti Announces Settlement With BlackRock, Inc. Regarding ESG Practices
Tennessee Attorney General Jonathan Skrmetti announced Friday a landmark settlement with BlackRock, Inc., resolving allegations that the global investment firm misled consumers regarding the role of Environmental,
BlackRock agrees to new ESG disclosures in Tennessee settlement
Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a legal settlement with Tennessee Attorney General Jonathan Skrmetti, his office said on Friday.
Tennessee, BlackRock settle lawsuit over ESG case
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 benefits of ESG-related strategies and didn’t adequately disclose its integration of ESG factors.
BlackRock Settles ESG Disclosure Dispute with Tennessee Attorney General
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 factors.
BlackRock reaches settlement with Tennessee over ESG strategy
The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in climate groups, among other factors.
Tennessee drops BlackRock ESG suit after asset manager agrees concessions
The state’s Republican attorney-general Jonathan Skrmetti sued BlackRock in 2023, accusing the money manager of violating consumer protection laws and taking an inconsistent approach about whether it prioritised ESG considerations over investment returns.
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Tennessee AG leading 14-state lawsuit against HIPAA rule
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