Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly breaching consumer protection laws by making “misleading” statements about its ESG ...
The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...
In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...
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.
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BlackRock Withdraws From Climate Coalition, Backpedaling Again on ESGThe world’s largest asset manager is latest Wall Street firm to quit climate groups.
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.
BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the ...
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 ...
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