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”) ...
A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...
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 ...
Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...
A federal judge ruled Friday that American Airlines violated its legal responsibilities in managing employees’ retirement ...
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 ...
Berkshire coal plants emit more nitrogen oxide gases than any other coal-fired fleet in the country. Despite big investments ...
The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to ...
the American pilots proved that the airline’s activities—which included hiring BlackRock Inc. to manage billions of dollars in plan assets despite its “ESG-oriented investing and proxy ...