The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

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

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 ...

Tennessee AG Skrmetti settles with BlackRock over ESG disclosures, ensuring transparency and fidelity to investors' interests ...

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 ...

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

(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 ...

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...

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

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 ...

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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.