Tennessee has filed a lawsuit against BlackRock, alleging that the company misled consumers about its environmental, social, and governance (ESG) strategies. The lawsuit claims that BlackRock's ESG practices have harmed investors, with accusations of deceptive acts and practices. The state's Attorney General, Jonathan Skrmetti, detailed the lawsuit, asserting that BlackRock's environmental commitments and climate strategy have harmed consumers. The lawsuit highlights the contradictions in BlackRock's ESG approach, with claims that the company's green investment branding is misleading. The lawsuit is described as a first-of-its-kind legal challenge to BlackRock's investment practices, emphasizing the significance of the case.
The state of Tennessee launched a legal challenge to the investment practices of asset management firm BlackRock, asserting that the company misleads stakeholders with their varying positions and statements on their sustainable investment philosophy. https://t.co/nXRhpzZ2yB
Blackrock accused of misleading customers about ESG investments Tennessee Attorney General Jonathan Skrmetti details his lawsuit against Blackrock on ‘Varney & Co.’ Source: Fox Business (YouTube) https://t.co/Ezy0PRprQl
The State of Tennessee is suing BlackRock, the world's largest financial asset manager, in a first-of-its-kind lawsuit alleging the firm has harmed consumers through its environmental commitments and climate strategy. https://t.co/1QOD1X4BoC
Tennessee sues BlackRock in first-of-its-kind ESG lawsuit The State of Tennessee is suing BlackRock, the world's largest financial asset manager, in a first-of-its-kind lawsuit alleging the firm has harmed consumers through its environmental commitments and climate strategy.…
It's hard to feel sorry for BlackRock in a lawsuit filed by Tennessee over ESG investment, says @johnauthers https://t.co/pwluZeVobc
Tennessee Files ESG Lawsuit Against BlackRock, Alleging 'Deceptive Acts and Practices' https://t.co/6wEocbksYM
BlackRock faces lawsuit over allegedly 'misleading' ESG strategy https://t.co/ir66vUtGJj https://t.co/fI8EgaHcR3
BlackRock’s claim of green investment has always been a sham. https://t.co/JnHsmCSP9U
In early 2020, BlackRock CEO Larry Fink announced that the firm was turning toward climate-friendly investments. The record, though, shows that Fink’s green branding turned out to be entirely bogus. https://t.co/JnHsmCTmZs
The Tennessee lawsuit highlights contradictions in BlackRock's ESG game. BlackRock: Align with Net-Zero/Paris Climate Agreement to stay ahead of future regs Also BlackRock: Make sure all your lobbying is making those future regs a reality. https://t.co/4wbTNvxrVz https://t.co/9wViDm0wVs
Tennessee Sues BlackRock, Demands Transparency About Alleged Climate Activism https://t.co/ciD05EGr1O
BlackRock has put their woke ESG policies ahead of the financial success of Tennesseans. Getting ripped off in the name of climate change sounds like fraud to me. https://t.co/PTPh1FbjlM
Tennessee Sues Blackrock For ‘Deceiving Consumers’ About Its Radical Climate Agenda https://t.co/jpjXSb2Ky8
Tennessee sues BlackRock in first-of-its-kind ESG lawsuit… https://t.co/DZ9xj2ucj1
Tennessee Slaps BlackRock With First-Of-Its-Kind Consumer Protection Lawsuit Over ESG Sham https://t.co/EAGTqeYQXi
Funny how this runs completely contrary to the Blackrock/spot ETF narrative we've been hearing for the last 6 months. https://t.co/pqUFzB8X5G
BLACKROCK SCANDAL: Tennessee Sues Company, Demands Transparency on Alleged Environmental Activism https://t.co/o7RjXODBTs
BlackRock faces suit for deceptive practices harming investors https://t.co/GlxSlPINHO
Tennessee sues BlackRock, $BLK, citing 'misleading' ESG strategy
Tennessee's AG just announced that he is suing BlackRock for misleading investors about ESG https://t.co/XaJF9ESH8e https://t.co/XaJF9ESH8e
Tennessee Slaps BlackRock With First-of-Its-Kind Lawsuit Alleging Consumers Were Misled About Woke ESG https://t.co/4b778bxaV6