The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...
The Tennessee lawsuit was the first by a GOP official against an investment firm for its ESG strategy. In November, BlackRock, along with Vanguard Group Inc. and State Street Corp., was sued by ...
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.
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...
Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the ... laws by making “misleading” statements about its ESG investment strategy. “This resolution assures that the ...
On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...
(k) plans run by money management firms that incorporate environmental, social, and governance (ESG) factors in their ...
ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...
Colombian President Backs Down on Refusal to Accept Migrants after Trump Threats Lindsey Graham Says Pardons for January 6 Violent Offenders Send the ‘Wrong Signal’ Trump Floats Plan to ...
The collapse of net zero alliances among investment firms and banks represents the third pillar of the progressive left to ...
BlackRock and Tennessee Attorney General Jonathan Skrmetti reached a settlement last week on the state’s lawsuit alleging the investment management firm was misleading consumers about its ESG ...