Amid ESG backlash, Vanguard becomes first to settle Texas-led antitrust case
Thursday, March 5, 2026 · first reported by Pensions & Investments
Vanguard settles Texas-led antitrust case for $29.5 million amid ESG backlash and industry retreat from climate initiatives. Settlement reflects broader regulatory and political pressure on asset managers' investment practices.
- Firm
- Vanguard
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