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Tennessee drops BlackRock ESG suit
Tennessee settles lawsuit with BlackRock
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 protection lawsuit against the investment firm in December 2023.
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
Tennessee drops BlackRock ESG suit after asset manager agrees concessions
Tennessee has dropped its landmark lawsuit against BlackRock after the $11.6tn money manager promised to increase disclosure and compliance around its use of environmental, social and governance factors in investing.
23d
XAI Valuation Reaches Over $40 Billion After $6 Billion Funding Round
The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in Memphis, Tennessee.
Business Wire
5d
BlackRock’s LifePath Paycheck™ Closes 2024 with $16B in AUM
BlackRock’s LifePath Paycheck™, a target-date solution which provides the option for guaranteed lifetime income, is the fastest growing lifetime incom ...
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