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 ...

(Bloomberg) -- 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 ...

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BlackRock and Tennessee Attorney General Jonathan Skrmetti reached a settlement last week on the state’s lawsuit alleging the investment management firm was misleading consumers about its ESG ...

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.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tennessee has dropped its landmark lawsuit against BlackRock after the $11.6tn money manager promised to ...

Tennessee Attorney General Jonathan Skrmetti announced a “landmark” settlement with BlackRock over allegations that the asset management giant had misled consumers over the role of ...

(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 ...