Tennessee drops BlackRock ESG suit

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.
Tennessee Attorney General settles ESG dispute with BlackRock
(Reuters) -Republican-led Tennessee and asset manager BlackRock settled a dispute over the company's use of ESG factors in its investment decisions, according to a statement by the state's Attorney General Jonathan Skrmetti on Friday.
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 announces settlement with BlackRock over ESG practices
Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock (BLK), resolving allegations that the company misled
BlackRock agrees to new ESG disclosures in Tennessee settlement
Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a legal settlement with Tennessee Attorney General Jonathan Skrmetti, his office said on Friday.
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management firm downplayed how large a role environmental, social and governance proposals made in its investment process.
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 investors bracing for the S&P 500 to tread water.
Hosted on MSN23h
BlackRock records profit of $1.67bn in Q4 2024
BlackRock has reported a strong fourth quarter (Q4 2024), with profit surging 21% year-on-year and assets hitting $11.6tn.
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 ...
BlackRock Leaves Major Climate Group Amid Wall Street Exodus
BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican ...
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
InvestmentNews2d
BlackRock CEO calls record client cash ‘just the beginning’
The Larry Fink-led firm's historic haul, driven by strong ETF flows, comes amid deals to muscle into the alternatives and ...
BlackRock Stares Down FDIC Before Deadline Over Bank Stakes
BlackRock Inc. is resisting the Federal Deposit Insurance Corp.’s demands that the world’s largest asset manager submit to ...
Hosted on MSN2d
Ripple’s XRP flips BlackRock by market cap
Ripple’s XRP has won over crypto and is now taking over traditional finance firms. According to on-chain data, XRP has ...