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BlackRock sued for $12.4M over unpaid carried interest to ex-employee, risking exposure of secret pay structure.

Market News
31 Aug 2026
New York Post
View Source
Bearish
BlackRock sued for $12.4M over unpaid carried interest to ex-employee, risking exposure of secret pay structure.

BlackRock faces a lawsuit from Neal Dignum, a former director, who claims the firm failed to pay $12.4 million in promised carried interest during his tenure from 2021 to 2023. The case could reveal BlackRock's confidential compensation details, as Dignum alleges no formal agreement was signed despite promises. The complaint remains sealed due to fears of retaliation, but Dignum seeks to make the details public, challenging BlackRock to justify keeping them secret. This legal battle highlights potential issues in pay transparency at the world's largest asset manager with $15.3 trillion in assets.

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