Vanguard Settles Multi-State ESG Antitrust Lawsuit for $29.5M
The Vanguard Group, Inc. settles a multi-state antitrust lawsuit for $29.5 million related to ESG-driven market manipulation.
The Vanguard Group, Inc. has agreed to pay $29.5 million and adopt significant operational restrictions to settle a multi-state antitrust lawsuit led by Texas Attorney General Ken Paxton, who called the settlement “one of the most significant enforcement actions ever taken against coordinated ESG-driven market manipulation.”... By: Fenwick & West LLP