American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...
American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...
A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...
On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...
Defined contribution plans using environmental, social and governance principles have suffered a setback and could face more ...
Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...
American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...
The former employee alleged that 37% of his retirement savings were invested in BlackRock's Target Date 2045 fund, which uses ESG considerations. Spence called American Airlines’ actions ...
A federal case out of Texas decided on Friday, could be the first step in a long and painful march for institutional capital ...
Un juge texan estime illégale la gestion du fonds de pension d'American airlines par Blackrock, en raison de ses pratiques ESG.