Tennessee, BlackRock Settle ESG Case

BlackRock Settles 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, 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.
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 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.
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.
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 ...
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 ...
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 ...
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% ...
Zacks.com on MSN2d
Buy Goldman Sachs or BlackRock Stock After Strong Q4 Earnings?
Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned ...
BlackRock executive Mark Wiedman to leave firm, sources say
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is ...
BlackRock Executive Seen as Leading CEO Contender to Leave Firm
Mark Wiedman was most recently head of BlackRock’s global client business ...
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 ...
Investors should compound at attractive yield in fixed income, BlackRock's Rick Rieder says
Investors should compound their investments “at an attractive yield in fixed income, with relatively low volatilities ...