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 ...

The state of Tennessee and BlackRock settled a legal dispute Friday over the company’s alleged false and misleading statements about its environmental, social, and governance investment practices.

(The Center Square) – 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 ...

Jan 17 (Reuters) - Asset manager BlackRock (BLK.N), opens new tab agreed to new disclosure requirements about its use of sustainable-investment factors as part of a legal settlement with Tennessee ...

We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws.

BlackRock, which manages $11.6 trillion, has been the target of a barrage of legal actions from Republican politicians after it championed addressing climate change. In response, Chief Executive ...

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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 Attorney General Jonathan Skrmetti announced a settlement with BlackRock (BLK), resolving allegations that the company misled consumers regarding the role of environmental, social ...