BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management firm ...

We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...

BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.

BlackRock agrees to new ESG disclosure terms in settlement with Tennessee AG. No fines, but a shift in ESG focus marks a ...

(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 ...

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 ...

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 ...

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 has dropped its landmark lawsuit against BlackRock after the $11.6tn money manager promised to increase disclosure and compliance around its use of environmental, social and governance ...