We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...

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 ...

"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...

BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.

BlackRock and the state of Tennessee reached a settlement over a lawsuit about the firm’s handling of ESG goals. REUTERS Under the settlement, BlackRock will be subject to increased transparency ...

Tennessee has dropped its landmark lawsuit against BlackRock after the $11.6tn money manager promised to increase disclosure and compliance around its use of environmental, social and governance ...

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 ...

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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 ...

An anti-ESG backlash has gathered force among Skrmetti ... said it was pleased to resolve the dispute with Tennessee. "BlackRock has consistently acted in the best interests of our clients ...

Tennessee said it settled a lawsuit with BlackRock ... protection laws by making “misleading” statements about its ESG investment strategy. “This resolution assures that the money ...