US EditionBlackRock sued by Tennessee over claims it ‘misled consumers’ on ESG investments
- Tennessee Attorney General Jonathan Skrmetti has filed a consumer protection lawsuit against BlackRock, accusing the world's largest asset manager of misleading consumers about its environmental, social, and corporate governance activity.
- The lawsuit alleges that BlackRock downplayed the impact of ESG considerations on its investment strategies and financial performance, despite being a member of ESG coalitions focusing on climate change.
- The state of Tennessee is seeking injunctive relief, civil penalties, and recoupment of costs through the lawsuit. BlackRock denies the accusations and maintains that it fully discloses its investment practices and proxy voting approach.
29 Articles
29 Articles
Tennessee AG sues BlackRock over prioritizing ESG investments
(The Center Square) – Tennessee Attorney General Jonathan Skrmetti filed a lawsuit against the investment firm BlackRock stating the company prioritized environmental, social and governance investment goals over the best
Tennessee AG Suing BlackRock for ESG Agenda - The New American
The state of Tennessee is suing BlackRock for violating consumer protection laws. On Monday, Tennessee Attorney General Jonathan Skrmetti filed what he calls the “first-of-its-kind consumer protection lawsuit” against “the world’s largest asset manager.” The complaint “alleges that Blackrock made false or misleading representations,” deceiving consumers about “the extent to which Environmental, Social and Governance ... The post Tennessee AG Sui…
Tennessee Slaps BlackRock With First-Of-Its-Kind Consumer Protection Lawsuit Over ESG Sham
source: zerohedge BY TYLER DURDEN TUESDAY, DEC 19, 2023 – 05:55 AM Tennessee State Attorney General Jonathan Skrmetti filed the first-of-its-kind consumer protection lawsuit against BlackRock, accusing the world’s largest ‘woke’ money manager of making false and misleading claims regarding its Environmental, Social, and Governance (ESG) investment strategies to residents of the state. Tennessee’s lawsuit addresses
Tennessee Slaps BlackRock With First-Of-Its-Kind Consumer Protection Lawsuit Over ESG Sham
Tennessee Slaps BlackRock With First-Of-Its-Kind Consumer Protection Lawsuit Over ESG Sham Tennessee State Attorney General Jonathan Skrmetti filed the first-of-its-kind consumer protection lawsuit against BlackRock, accusing the world's largest 'woke' money manager of making false and misleading claims regarding its Environmental, Social, and Governance (ESG) investment strategies to residents of the state. Tennessee's lawsuit addresses BlackR…
The Messenger
Tennessee Sues BlackRock For 'Misleading' Consumers with its Environmental Investment Strategy
The state of Tennessee sued BlackRock, Inc., alleging that the world’s largest asset manager violated the state’s consumer protection laws by making misleading statements about its environmental, social and corporate governance (ESG) considerations. The lawsuit, filed Monday in the state’s Williamson County Court, claims BlackRock “misled consumers about the scope and effects of its widespread […]
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