Texas Suit Alleging Anti-Coal ‘Cartel’ of Top Wall Street Firms Could Reshape ESG—and Wall Street Itself
via texasattorneygeneral.gov
Short excerpt below. Read at the original source.
Republican attorneys general accuse three of the world’s biggest asset managers of conspiring to depress U.S. coal output. It’s a first-of-its-kind and closely watched test of whether corporate alliances on climate efforts violate antitrust laws. By Deep Vakil Since 2022, Republican lawmakers in Congress and state attorneys general have sent letters to major banks, pension […]