Aug 1 (Reuters) - A U.S. judge on Friday largely
rejected a request by BlackRock ( BLK ) to dismiss a lawsuit filed by
Texas and 12 other Republican-led states that said the company
and other large asset managers violated antitrust law through
climate activism that reduced coal production and boosted energy
prices.
U.S. District Judge Jeremy Kernodle in Tyler, Texas agreed to
dismiss just three of the 21 counts in the states' lawsuit that
also names institutional investors State Street and Vanguard.
The lawsuit is among the highest-profile lawsuits targeting
efforts to promote environmental, social and governance goals.