News

Some references to emissions reduction and other environmental efforts are being purged ahead of annual shareholder meetings.
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 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 ...
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 judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully incorporated environmental and sustainable governance (ESG) factors into ...
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 ...
A federal district court in Texas found that American Airlines prioritized ESG investment goals ahead of employees’ financial interests, violating its fiduciary duties under ERISA. A Texas federal ...