BlackRock Settles Consumer Protection Lawsuit With Tennessee

‘Tennesseans will not see their retirement funds used to support radical ideologies they oppose,’ Tennessee Attorney General Jonathan Skrmetti stated.
BlackRock Settles Consumer Protection Lawsuit With Tennessee
BlackRock headquarters in New York City on Feb. 5, 2024. Samira Bouaou/The Epoch Times
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BlackRock, the world’s largest asset manager, settled a lawsuit last week with the state of Tennessee that alleged that it misled consumers regarding the influence of climate and social justice ideology in its decisions regarding investors’ money.

“BlackRock’s stringent obligations under this settlement ensure Tennesseans will not see their retirement funds used to support radical ideologies they oppose,” Tennessee Attorney General Jonathan Skrmetti told The Epoch Times. 
Kevin Stocklin
Kevin Stocklin
Reporter
Kevin Stocklin is a contributor to The Epoch Times who covers the ESG industry, global governance, and the intersection of politics and business.