BlackRock, other fund managers lose bid to dismiss Texas climate collusion lawsuit
Tue 5 Aug 2025

Image: Depositphotos
Oil well pumper, Texas
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.
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