Tennessee, BlackRock Settle ESG Case

BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
BlackRock Agrees to New ESG Disclosures in Tennessee Settlement
(Reuters) - Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock on Friday, resolving allegations that the asset manager misled customers regarding the role of ESG factors in its investment practices. The settlement ends a lawsuit that the state had filed against BlackRock in December 2023.
BlackRock Reaches Settlement With Tennessee Over ESG Strategy
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 investment strategy.
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).
Tennessee announces settlement with BlackRock over ESG practices
Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock (BLK), resolving allegations that the company misled
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.
Tennessee settles lawsuit with BlackRock
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers. Attorney General Jonathan Skrmetti filed a consumer protection lawsuit against the investment firm in December 2023.
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.
JPMorgan and BlackRock C-suite departure surprises show why succession in finance is extra tricky, experts say
The departure announcements of possible CEO successors at both BlackRock and JPMorgan Chase are the latest reminders that CEO ...
How BlackRock Helped Stack Exxon's Board With Radicals
The Big Three used the power they derive from investing other people's money to force compliance with a radical political goal.
1 BlackRock ETF to Buy Before It Soars Up to 140% in 2025, According to Certain Wall Street Analysts
Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in ...
BlackRock’s Amped Up ETF Taps Into Wall Street’s Stock Anxiety
BlackRock Inc. is tapping into a fast-growing corner of the options-powered ETF world with an offering aimed at Wall Street ...
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its ...
Where BlackRock Stands With Analysts
Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on BlackRock BLK +4.59% ...
Observer2d
BlackRock CEO Larry Fink, an LA Native, Weighs In on Wildfire’s Impact on Insurance
Overseeing some $11.6 trillion, BlackRock is the world’s largest asset manager and houses around $700 billion managed for ...
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...
TikTok Goes Dark for U.S. Users, While Trump Signals He Will Save It
TikTok went dark for American users in an unprecedented display of the U.S.-China divide over technology and national ...