Comment / Uh-oh! Logistics investor heavyweights probed in coal antitrust lawsuit

Law matters
ID 29226383 © Lane Erickson | Dreamstime.com
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“BlackRock, Vanguard and State Street have been sued by Texas and 10 other Republican-led states (…). which said the large asset managers violated antitrust law through climate activism that reduced coal production and boosted energy prices. Wednesday’s complaint filed in the federal court in Tyler, Texas, is among the highest profile lawsuits targeting efforts to promote environmental, social and governance goals, or ESG.” – Reuters, 27 November 2024.

A diligent Premium lieutenant got hold of the 109-page lawsuit documentation here.

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