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

Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...

Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely ...

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

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...

American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...

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

The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to ...

Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“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.

The resolution is the latest step by New York-based BlackRock and by other firms to move away from environmental, social or governance measures. An anti-ESG backlash has gathered force among ...