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Indiana Secretary of State Issues, Cease, and Desist Order Against BlackRock for Alleged Fraud Connected to ESG Products and Offerings
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Indiana Secretary of State Issues, Cease, and Desist Order Against BlackRock for Alleged Fraud Connected to ESG Products and Offerings

Red state governments are increasingly taking the fight to BlackRock

José Alberto Niño's avatar
José Alberto Niño
Aug 27, 2024
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Indiana Secretary of State Issues, Cease, and Desist Order Against BlackRock for Alleged Fraud Connected to ESG Products and Offerings
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On August 22, 2024, Indiana Secretary of State Diego Morales issued a cease and desist letter to BlackRock for its alleged involvement in securities fraud. The world’s largest asset manager was accused of making “false and misleading statements” about their environmental, social or governance (ESG) funds and where these funds are allocated towards.

Moral…

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