The three firms are accused of forming “a cartel to rig the coal market,” but State Street and BlackRock called the lawsuit ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...

These large asset management firms violated antitrust law through climate activism that resulted in reduced coal production ...

BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking ...

According to the lawsuit, the three asset managers acquired substantial stockholdings in coal companies, and then used their ...

Paxton and 10 other attorneys general filed a lawsuit against BlackRock, State Street Corporation and Vanguard.

BlackRock , Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which said the large asset ...

The challenge, led by Texas Attorney General Ken Paxton, claims BlackRock, State Street and Vanguard used their influence investing in publicly traded coal companies to reduce coal production and ...

Inc., Vanguard Group Inc., and State Street Corp. were sued by a group of states led by Texas for allegedly breaking ...

Texas Attorney General Ken Paxton has initiated a federal antitrust lawsuit against major asset management firms BlackRock ...

State Street ( STT) and Vanguard Group, which it calls “three of the largest institutional investors in the world,” for “conspiring to artificially constrict the market for coal through ...

The 11 states, led by Texas, allege the asset managers have been undercutting coal companies and driving up electricity ...