Vanguard settles multistate antitrust suit over climate activism for $29.5 million
Source: Washington Examiner · Bias: Center Right
Summary
Asset management firm Vanguard is paying $29.5 million to multiple states to settle an antitrust lawsuit over its environmental, social, and governance investing goals. The suit, filed by Texas and a dozen other states, accused Vanguard, BlackRock, and State Street of conspiring to raise coal prices by pushing climate activism on to companies supplying the […]
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