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An unusual lawsuit in Texas claims that investment firms including BlackRock, ... For coal companies, that means “reducing output,” said the lawyer, Brian Barnes of the firm Cooper & Kirk.
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 ...
U.S. government support for a "baseless" case alleging asset managers conspired to reduce competition in the coal sector risks undermining its goal of energy independence, BlackRock, the world's ...
The Republican states’ lawsuit alleges BlackRock, State Street and Vanguard undermined competition in the coal industry by advancing a climate-change agenda on the companies.
BlackRock, Vanguard, and State Street formed a cartel to rig the coal market, artificially reduce the energy supply, and raise prices,” said Paxton in a press release announcing the suit last ...
Most coal being sold by retailers in the Dublin region does not meet legal limits, posing a serious threat to air quality and public health, a Dún Laoghaire-Rathdown County Council (DLR) survey ...
BlackRock, Vanguard, and State Street formed a cartel to rig the coal market, artificially reduce the energy supply, and raise prices,” Paxton said in announcing the suit.
Federal antitrust regulators support a lawsuit alleging BlackRock, State Street and Vanguard Group have colluded to influence coal prices, according to a May 22 court filing.. The Federal Trade ...
Reuters. FILE PHOTO: A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2022.
BlackRock says coal competition case risks US energy independence. By Simon Jessop. May 23, 2025 9:11 PM UTC Updated May 23, 2025 Item 1 of 2 A specialist trader works at the post ...
Reuters. A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022.
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