Texas A.G. Ken Paxton Sues BlackRock, State Street, Vanguard for Illegally Conspiring to Manipulate Energy Markets, Driving Up Costs for Consumers
November 27, 2024
November 27, 2024
AUSTIN, Texas, Nov. 27 -- Texas Attorney General Ken Paxton issued the following news release:
Attorney General Ken Paxton sued BlackRock, State Street Corporation, and Vanguard Group, three of the largest institutional investors in the world, for conspiring to artificially constrict the market for coal through anticompetitive trade practices.
Over several years, the three asset managers acquired substantial stockholdings in every significant publicly held coal produce . . .
Attorney General Ken Paxton sued BlackRock, State Street Corporation, and Vanguard Group, three of the largest institutional investors in the world, for conspiring to artificially constrict the market for coal through anticompetitive trade practices.
Over several years, the three asset managers acquired substantial stockholdings in every significant publicly held coal produce . . .