State of Texas, et al. v. BlackRock, et. al.

Published on:
March 24, 2025

Court:

U.S. District Court

(E.D. Texas)

Amicus Issue:

Whether passive investors could be in violation of Section 7 of the Clayton Antitrust Act of 1914, which prohibits the acquisition of stock when “the effect of such acquisition may be substantially to lessen competition,” simply because the passive investors have cross-ownership interests in competing companies.

Counsel of Record:

Morgan Lewis LLP

Jon R. Roellke

William S.D. Cravens

William T. McEnroe

Zachary M. Johns

Stephen LaBrecque

Other Amici:

None.

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.