BlackRock , Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which said the large asset managers violated antitrust law through climate activism that reduced coal production and boosted energy prices.

BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking antitrust law by

Vanguard, and State Street Corp (STT) have been sued by a group of states led by Texas for allegedly breaking antitrust law. These companies are accused of boosting electricity prices through their investments.