Local Streetz News

Tennessee AG Skrmetti Slaps BlackRock with Lawsuit for Allegedly Harming Consumers

todayDecember 18, 2023 10

share close
AD
AD

Republican Tennessee Attorney General (AG) Jonathan Skrmetti filed a consumer protection lawsuit Monday against BlackRock, the world’s largest asset manager and a leading proponent of Environmental, Social and Corporate Governance (ESG) investing.

The consumer protection suit alleges that BlackRock has misled Tennessean consumers about the scale and impacts of its ESG initiatives for several years. The suit further alleges that BlackRock’s own policies and corporate voting records demonstrate that its ESG push bleeds into financial products that are marketed as non-ESG funds, despite the company’s statements that it allocates capital where its clients request as a fiduciary.

The article Tennessee AG Skrmetti Slaps BlackRock with Lawsuit for Allegedly Harming Consumers appeared first on Tennessee Star.

AD

Written by:

Rate it

Post comments (0)

Leave a Reply

Partners & Sponsors

STREETZ 99.3 | ALL RIGHTS RESERVED 

AD
AD
AD
Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.

Powered By
Best Wordpress Adblock Detecting Plugin | CHP Adblock

Discover more from Streetz 99.3

Subscribe now to keep reading and get access to the full archive.

Continue reading