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 made in ...

The state of Tennessee and BlackRock settled a legal dispute Friday over the company’s alleged false and misleading statements about its environmental, social, and governance investment practices.

(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 ...

BlackRock, which manages $11.6 trillion, has been the target of a barrage of legal actions from Republican politicians after it championed addressing climate change. In response, Chief Executive ...

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.

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BlackRock, with some $11.6 trillion under management, said it was pleased to resolve the dispute with Tennessee. "BlackRock has consistently acted in the best interests of our clients, and we ...

Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock (BLK), resolving allegations that the company misled consumers regarding the role of environmental, social ...