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Industry Backs BlackRock Over States' 'Crippling' Coal Suit

By Jessica Corso ( March 25, 2025, 9:14 PM EDT) -- Two leading financial industry groups are throwing their support behind BlackRock Inc. and two other asset managers fighting a state-backed antitrust suit over their coal company investments, with one group arguing that forcing the firms to divest would have "crippling effects" for tens of millions of American investors....

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