BlackRock, State Street & Vanguard Face Antitrust Violation Lawsuit
BlackRock(BLK) ZACKS·2024-11-28 15:20
BlackRock Inc. (BLK) , State Street Corp. (STT) and Vanguard have been accused of violation of antitrust law via climate activism, which reduced coal output and hiked energy prices. The allegations have been brought in by Texas and 10 other states.The lawsuit was filed this Wednesday in the Federal Court in Tyler, TX, and is one of the top-profile lawsuits aimed at efforts promoting environmental, social, and governance (ESG) goals.The 10 other states are Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, ...