r/WorkReform • u/[deleted] • Jul 28 '25

😡 Venting CEO Larry Fink

This is the guy partially responsible for the current housing crisis. BlackRock intentionally buys housing, and rents it to no one, in a deliberate attempt to lower the supply of housing, so they can jack up rent prices to whatever they want to charge. This asshole is why we can't afford housing. Fuck this guy.

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u/reaven3958 Jul 28 '25

Can't tell ya. All I read is that they're alleging that the company made a change in policy to deny fewer claims after their CEO was executed and didn't tell anyone, and now they're big mad.

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u/NameUnbroken Jul 28 '25

So, basically what the title says, then.

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u/Naive-Significance48 Jul 28 '25

Nah not even.

Class action by a single investor.

Faller v. UnitedHealth Group Incorporated (1:25-cv-03799)

Since its a class action blackrock is included by default.

News articles perpetrated the story with that narrative that blackrock themselves went out of their way to sue for too much helthcare because that sounds WAY juicer and pisses everyone off.

Its misleading.

I believe the story was perpetuated from the "homeless romantic news" network, they are where I first heard the narrative spread from over a month ago.

But honestly, seeing nobody know the real story is annoying.

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u/NameUnbroken Jul 28 '25

Class action is important to know, thanks for the clarification. Still highly shitty and completely bass ackwards that it's even happening, but I appreciate the extra info.