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Posted: 2025-08-02 00:59:40 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-08-02 01:00:18 UTC
Verified By
Rollup News
Texas Attorney General Ken Paxton secured a major legal victory against BlackRock, Vanguard, and State Street, accusing them of forming an "investment cartel" to illegally control national energy markets through ESG manipulation. The court denied the asset managers' motion to dismiss, allowing the litigation to proceed under antitrust and consumer protection laws.
Legal victory against ESG manipulation
Holding financial corporations accountable
Protecting state energy independence
Challenging Wall Street's climate agenda influence
Combating the influence of ESG on energy markets
Addressing the creation of an 'investment cartel'
Countering the use of retirement funds for climate agendas
Overcoming legal hurdles from powerful financial corporations