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ARTICLE · 20 DECEMBER 2024

State AG Blog Updates: November 14-20, 2024

Crowell & Moring LLP
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Each week, Crowell & Moring's State Attorneys General team highlights significant actions that State AGs have taken.

United StatesTechnology

Each week, Crowell & Moring's State Attorneys General team highlights significant actions that State AGs have taken. See ourState Attorneys General pagefor more insights. Here are last week's updates.

Multistate

  • A coalition of 19 state attorneys general filed a Motion to Intervene in BlackRock, Inc's attempt to obtain authorization to purchase, acquire, or take over voting securities in certain utilities from the U.S. Federal Regulatory Commission ("FERC"). The Attorneys General claim that BlackRock has a history of pressuring utility companies to phase out traditional energy investments. Utah's State Attorney General Sean D. Reyes stated, "BlackRock's latest attempt to bypass federal law escalates the need for action as the reliability of our nation's electrical grid remains in jeopardy." In the November 12, 2024 filing, the AGs argued that FERC should only grant BlackRock's request for reauthorization as long as BlackRock (and all of its affiliates

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