Vanguard settles coal antitrust suit with Republican states for $29.5M | ESG Dive https://share.google/sKabd738u7O0dPQex
Vanguard settles coal antitrust suit with Republican states for $29.5M
The settlement severs the asset manager from the litigation alleging it conspired with BlackRock and State Street to “artificially constrict the coal market.”
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Vanguard Settles Texas Lawsuit Alleging Investors Conspired to Drive Up Coal Prices - WSJ https://share.google/8V11DMycRvebSGyrA
In Texas, Vanguard settles antitrust suit for $29.5 million and renewed passivity pledges | Reuters https://share.google/HL83VKaLczjCyfqf4
In Texas, Vanguard settles antitrust suit for $29.5 million and renewed passivity pledges
Vanguard Group will pay $29.5 million and bolster its passive investing approach in order to settle a suit by 13 Republican state attorneys general claiming the fund manager and rivals violated antitr
Vanguard Settles Case Claiming It Tried to Kill the Coal Industry - The New York Times https://share.google/2ZkhUg0RI3cMEbtae
Vanguard Settles Case Claiming It Tried to Kill the Coal Industry
Republican-led states had accused financial firms of colluding against coal producers. Vanguard also agreed not to push for action to fight climate change.
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