"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...

BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management firm ...

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 ...

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee Consumer Protection Act. The suit alleged that BlackRock overstated the financial ...

We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...

BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.

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An anti-ESG backlash has gathered force among Skrmetti ... said it was pleased to resolve the dispute with Tennessee. "BlackRock has consistently acted in the best interests of our clients ...

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.

Tennessee said it settled a lawsuit with BlackRock ... protection laws by making “misleading” statements about its ESG investment strategy. “This resolution assures that the money ...