Tennessee, BlackRock settle lawsuit over ESG case
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 benefits of ESG-related strategies and didn’t adequately disclose its integration of ESG factors.
Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...
BlackRock's quarterly results complete a banner year for the asset manager, which has sought to strengthen its position in ...
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is ...
BlackRock Inc. remains "pro-risk," namely on overweight U.S. stocks, but sees surging longer Treasury yields as one of three ...
BlackRock Chief Executive Larry Fink has recently been sounding the alarm on a brewing retirement crisis in the U.S. Now his ...
In a report released today, Ken Shih from DBS maintained a Buy rating on BlackRock (BLK – Research Report), with a price target of ...
“Climate risk is financial risk. NZAM exists to help investors mitigate these risks and to realise the benefits of the economic transition to net zero,” the group said. BlackRock did not ...
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