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DOJ Backs Texas Attack on ESG Funds

Summary by valueedgeadvisors.com
This is pure harassment. These investment companies are intensely competitive. Responding to customer demand by creating similar products in order to attract business is not evidence of collusion. The Department of Justice filed an amicus brief supporting Texas Attorney General Ken Paxton’s lawsuit against BlackRock, State Street, and Vanguard for allegations of antitrust violations. Paxton filed the lawsuit against the three investment compani…
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valueedgeadvisors.com broke the news in on Monday, May 26, 2025.
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