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

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

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

BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.

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

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...

“BlackRock’s stringent obligations under this settlement ensure Tennesseans will not see their retirement funds used to support ... the firm’s handling of ESG goals. REUTERS Under the ...

Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...

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

The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...

Large parts of the world want access to the things we take for granted, and that means large amounts of reliable and ...