Texas, Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, West Virginia, and Wyoming
The states claim the money managers bought up large stakes in coal companies and then colluded to promote ESG and DEI (diversity, equity and inclusion) goals that reduced coal output. The decreased supply of coal, in turn increased the cost of electricity to consumers. It was fundamentally anti-competitive behaviour. These three companies together have $26 Trillion dollars of assets under management. That's only one trillion smaller than the entire US GDP.
TheYiddler 1 points 5 months ago
They might, but the goal of the circus act is to divvy up the spoils, not to stop it. Someone is mad because they didn't get their share.