Mississippi hits BlackRock with cease and desist, threatens massive fine over ESG policies
- Mississippi's Secretary of State sent a cease and desist letter to BlackRock regarding alleged misleading of clients about ESG investing.
- BlackRock claims to prioritize clients' investments while facing backlash and lawsuits for ESG practices.
- BlackRock faced backlash and lawsuits for ESG practices, including potential penalties for misleading investors.
11 Articles
11 Articles
Mississippi Issues Cease-and-Desist against BlackRock for Allegedly Misleading Investors on ESG Strategy
The state issued a notice of intent to impose a multimillion-dollar fine for BlackRock’s pattern of deceiving investors regarding climate investment goals.
'Investment companies will not push their political agenda': Mississippi issues BlackRock cease and desist over ESG agenda
Mississippi Secretary of State Michael Watson issued a cease and desist order on Tuesday against asset management company BlackRock, claiming that the firm "repeatedly made false and misleading statements" concerning its environmental, social, and governance agenda, Fox Business reported.Watson, alo...
BlackRock Issued Legal Warning Over ESG Strategy by Mississippi
BlackRock Inc. faces the prospect of being barred from offering securities in Mississippi after state officials accused the investment firm of making “fraudulent” statements regarding its climate strategy.
Red State Slaps Wall Street Titan With Cease And Desist Order Over ‘Fraudulent’ Claims About Green Investments
Mississippi sent a cease and desist letter to BlackRock Tuesday night over claims the company misleads clients about its involvement in ESG investing.
Red state slaps Wall Street titan with cease and desist order over ‘fraudulent’ claims about green investments
Mississippi Secretary of State Michael Watson sent a cease and desist letter to investment manager giant BlackRock on Tuesday night over claims the company misleads clients about […]
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