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BlackRock, State Street and Vanguard
BlackRock, Vanguard, State Street sued by Republican states over climate push
BlackRock, Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which said the large asset managers violated antitrust law through climate activism that reduced coal production and boosted energy prices.
BlackRock, Vanguard, State Street sued over alleged antitrust law breaking
Vanguard, and State Street Corp (STT) have been sued by a group of states led by Texas for allegedly breaking antitrust law. These companies are accused of boosting electricity prices through their investments.
BlackRock, Vanguard, and State Street sued in Republican anti-ESG action
Federal complaint filed in Texas court by a consortium of 11 states argues the fund giants used their market power to pressure energy companies and ultimately hurt consumers.
BlackRock named in Republican AGs’ antitrust suit over climate goals
BlackRock, State Street and Vanguard own substantial shares in American coal companies. The AGs claim they conspired to force a reduction in coal supply.
Eleven state AGs sue BlackRock, State Street, Vanguard for allegedly violating antitrust laws
The 11 states that filed the lawsuit are Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, Texas, West Virginia, and Wyoming.
BlackRock, Vanguard and State Street Sued by 11 States
Texas and other states allege the asset managers broke antitrust laws by boosting electricity prices through their investments.
Texas sues BlackRock, State Street for ‘illegally conspiring’ against coal
State Street ( STT) and Vanguard Group, which it calls “three of the largest institutional investors in the world,” for “conspiring to artificially constrict the market for coal through anticompetitive trade practices,
Blackrock, State Street, Vanguard sued by Republican states over climate accords
A group of Republican state attorneys general led by Texas sued institutional investors Blackrock, State Street and Vanguard on Wednesday, accusing them of violating antitrust law through climate activism that restricted coal production.
Republican US states sue BlackRock for ‘destructive’ green agenda
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, alleging that they conspired to curtail coal supplies to further “a destructive, politicised environmental agenda”.
BlackRock, State Street, Vanguard sued by GOP states over ESG goals
BlackRock, State Street and Vanguard have been sued by Texas and 10 other Republican-led states, which said the large asset managers violated antitrust law through climate activism that resulted in reduced coal production and higher energy prices.
6h
AG Ken Paxton sues BlackRock, Vanguard for jacking up electric prices through investments
BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking ...
1h
Daily on Energy: States sue Blackrock, awaiting Biden’s LNG report, UN plastic pollution treaty talk
Texas Attorney General Ken Paxton said that over several years, the firms used their influence to pressure coal companies to ...
1d
on MSN
BlackRock and Vanguard hire Egan-Jones to guide investors uninterested in social and environment woes
In recent years the ESG — environmental, social and governance — label has provoked investor pushback. Egan-Jones’ ESG-free ...
6h
BlackRock, Vanguard Accused of Violating Antitrust Law by Texas
BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking ...
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