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Vanguard, BlackRock and State Street
BlackRock, Vanguard, and State Street accused of antitrust violations by Texas
Inc., Vanguard Group Inc., and State Street Corp. were sued by a group of states led by Texas for allegedly breaking antitrust law by boosting electricity prices through their investments, in the highest-profile lawsuit yet against the beleaguered ESG industry.
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, State Street, Vanguard sued by GOP states over ESG goals
The American consumer is entitled to enjoy the fruits of free markets, vigorous competition, and (in the case of BlackRock) honest investment managers,” the complaint said.
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, 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.
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, State Street, Vanguard sued by Republican states over climate accords
Texas and 10 other Republican-led states sued institutional investors Blackrock, State Street and Vanguard on Wednesday, accusing them of violating antitrust law through climate activism that the states say led to diminished coal production.
KVUE-TV Austin on MSN
2h
Texas AG Ken Paxton sues 3 major investors, accusing them of energy market manipulation
Paxton and 10 other attorneys general filed a lawsuit against BlackRock, State Street Corporation and Vanguard.
10h
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 ...
planadviser.com
1d
11 Republican AGs Sue BlackRock, State Street, Vanguard in ESG Case
The 11 states, led by
Texas
, allege the asset managers have been undercutting coal companies and driving up electricity ...
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The Vanguard Group
State Street Corporation
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