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 ...

Berkshire coal plants emit more nitrogen oxide gases than any other coal-fired fleet in the country. Despite big investments ...

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 ...

The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to ...

Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...

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 ...