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Golden Finance reported that the law firm Pomerantz LLP is conducting an investigation into BlackRock, focusing on whether the company is engaged in illegal activities such as securities fraud. The investigation stems from a consumer protection lawsuit filed against BlackRock by the Attorney General of Tennessee, alleging that BlackRock provided false or misleading statements to existing and potential consumers in Tennessee regarding its environmental, social, and governance (ESG) investment strategies. The lawsuit seeks injunctions and fines. |
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