State Attorneys General Sue BlackRock, Vanguard, State Street, Alleging Conspiracy Against Coal
By Kevin Stocklin Eleven state attorneys general, led by Texas Attorney General Ken Paxton, have filed an anti-trust suit against the world’s three largest asset managers—BlackRock, Vanguard, and State Street. The suit alleges that the asset managers, which together control nearly $25 trillion in third-party investors’ money, have acted in unison against the coal industry in pursuit of…
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