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 ...

A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...

The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic ...

American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...

Last week, U.S. District Judge Reed O'Connor ruled that American airlines had breached the law by making investment decisions for its employee retirement plans based on non-financial factors like ESG.

Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

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 ...

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 ...