Event
Texas-led states’ antitrust suit against BlackRock, State Street and Vanguard
A suit by Texas and 12 other states alleges that three asset managers broke antitrust law through climate activism that cut coal output; a judge largely refused to dismiss it on 1 August 2025. It is pending, and the firms deny it.
- Dates
- 1 Aug 2025
- Three Names, Pair by Pair20 scenes
- How are Texas-led states’ antitrust suit against BlackRock, State Street and Vanguard and … connected?
Whether large index holders can influence the companies they hold is disputed. This suit is one place the dispute is being argued; nothing in it concerns Tesla.
Connections 3
involved
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BlackRock
defendant
Scholarship & press
1
The states’ claims are allegations. The judge’s refusal to dismiss is not a finding on them.
- The Vanguard Group defendant Scholarship & press 1
- State Street Corporation defendant Scholarship & press 1
Timeline 1 date
- 1 Aug 2025 Texas-led states’ antitrust suit against BlackRock, State Street and Vanguard
Proof 1 source
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BlackRock, other fund managers lose bid to dismiss Texas climate collusion lawsuit (Reuters), Reuters, via MarketScreener, 1 Aug 2025.
Scholarship & press
Archived copy
A U.S. judge on Friday largely rejected a request by top asset managers including BlackRock to dismiss a lawsuit filed by Texas and 12 other Republican-led states that said the companies violated antitrust law through climate activism that reduced coal production and boosted energy prices.
The three asset managers said they would continue to defend against the claims
Page history 1 change
- Add 55 stories, each checked against its sources96e92fe6
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