BlackRock, Vanguard, and State Street accused of antitrust violations by Texas
Inc., Vanguard Group Inc., and State Street Corp. were sued by a group of states led by Texas for allegedly breaking antitrust law by boosting electricity prices through their investments, in the highest-profile lawsuit yet against the beleaguered ESG industry.
BlackRock, Vanguard, State Street sued by Republican states over climate push
BlackRock , Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which said the large asset managers violated antitrust law through climate activism that reduced coal production and boosted energy prices.
KVUE-TV Austin on MSN11h
Texas AG Ken Paxton sues 3 major investors, accusing them of energy market manipulationPaxton and 10 other attorneys general filed a lawsuit against BlackRock, State Street Corporation and Vanguard.
The 11 states, led by Texas, allege the asset managers have been undercutting coal companies and driving up electricity ...
10h
Texas Attorney General Ken Paxton said that over several years, the firms used their influence to pressure coal companies to ...
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