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The Hidden Accounting Issue Behind BlackRock’s Investor Lawsuit
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Subscribe16 JUL 2026 / ACCOUNTING & TAXES
Investors are suing BlackRock for alleged improper accounting which inflated values of over 70 equity mutual funds, leading to the payment of higher management fees, receipt of fewer shares, and increased tax bills. The claim points to how BlackRock accounted for dividend income and realised capital gains, which they argue should have been considered as liabilities rather than assets, distorting each fund's net asset value to appear larger.
A mutual fund’s net asset value is supposed to work like the number on a restaurant check. Add everything up, subtract what is owed, and show investors the bill. A new lawsuit claims BlackRock may have left certain obligations on the asset side of th...
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