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American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has sparked debates over the role of environmental, social and governance (ESG ...
A federal judge in Texas on Friday said American Airlines violated federal law by ... social and corporate governance (ESG) factors. The ruling comes amid growing backlash to woke investing.
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 ...
After a judge issued a 70-page ruling that American Airlines violated federal law in ... potential impact remains uncertain on what role ESG policies can play in plans' investment management ...
A class-action lawsuit against American Airlines filed by employees opposed to Environmental, Social and Governance (ESG) funds used in their 401(k)s could redefine how employers handle ESG ...
The US Labor Department in replacing a Biden-era eco-friendly 401(k) rule is set to encounter pressure to balance the Trump ...
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