Tennessee, BlackRock Settle ESG Case

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.
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 Attorney General settles ESG dispute with BlackRock
(Reuters) -Republican-led Tennessee and asset manager BlackRock settled a dispute over the company's use of ESG factors in its investment decisions, according to a statement by the state's Attorney General Jonathan Skrmetti on Friday.
Tennessee settles lawsuit with BlackRock
BlackRock agreed to increase its disclosure of proxy voting practices and to a third-party audit to show it is complying with the state's terms.
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).
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.
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.
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
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 ...
In Larry Fink's 100th earnings call, the BlackRock CEO spoke about private markets and retirement — but not his own
BlackRock set a record for net inflows in 2024, with more than $600 billion.
BlackRock ETF chief expects more clarity on bitcoin regulation this year
There will "absolutely" be better clarity on cryptocurrency regulation this year, BlackRock’s (NYSE:BLK) ETF chief said in an ...
BlackRock Gets Record Client Cash, Revamps Leadership Team
BlackRock Inc. attracted an annual record of $641 billion in client cash, underlining the firm’s global reach across public ...
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 ...
Zacks.com on MSN1d
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’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 investors bracing for the S&P 500 to tread water.