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.

BlackRock BLK1.38%increase; green up pointing triangle is pulling out of a United Nations-sponsored climate initiative, a remarkable U-turn for a company that was once a poster child of the ...

BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...

(Reuters) -Republican-led Tennessee and asset manager BlackRock settled a dispute over the company's use of ESG factors in ...