BlackRock Reaches Settlement With Tennessee

BlackRock Reaches Settlement 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.
Tennessee Attorney General settles ESG dispute with BlackRock
Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock on Friday, resolving allegations that the asset manager misled customers regarding the role of ESG factors in its investment practices.
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 AG Secures Settlement with BlackRock Over Alleged Misuse of ESG in Investment Strategies
Tennessee AG Skrmetti settles with BlackRock over ESG disclosures, ensuring transparency and fidelity to investors' interests.
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 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
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.
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 ...
BlackRock assets hit record $11.6 trillion in fourth quarter
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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
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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’s Strategic Growth and Market Positioning Earns Buy Rating from Analyst
In a report released today, Ken Shih from DBS maintained a Buy rating on BlackRock (BLK – Research Report), with a price target of ...
BlackRock Earnings: Profit Increases; Assets Set Record
BlackRock’s profits rose and assets under management edged up to a record $11.55 trillion in the fourth quarter. BlackRock ...
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 ...