Paxton Joins Coalition to Prevent Corporate Activists at Vanguard from Raising the Costs of Energy
January 04, 2023
January 04, 2023
AUSTIN, Texas, Jan. 4 -- Texas Attorney General Ken Paxton issued the following news release:
Attorney General Paxton has joined a Utah- and Indiana-led motion to intervene into a Federal Energy Regulatory Commission ("FERC") proceeding to prevent the investment fund management company Vanguard from exerting too much power over publicly-traded utilities.
Vanguard is seeking a three-year extension of its previously-granted authority to acquire voting securities . . .
Attorney General Paxton has joined a Utah- and Indiana-led motion to intervene into a Federal Energy Regulatory Commission ("FERC") proceeding to prevent the investment fund management company Vanguard from exerting too much power over publicly-traded utilities.
Vanguard is seeking a three-year extension of its previously-granted authority to acquire voting securities . . .