American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...
A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...
American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...
The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic ...
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...
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 ...
Judge Reed O’Connor of the Northern District of Texas issued a much-anticipated ruling in Spence v. American Airlines, ...
Case over pension scheme management highlights rising risks of legal challenges over environmentally-focused policies ...
A federal case out of Texas decided on Friday, could be the first step in a long and painful march for institutional capital ...
A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its ...