American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...
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 ...
On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...
A federal judge in Texas ruled that the company violated its ERISA duties by not focusing “on the best financial benefit” for ...
Initially filed in June 2023, the suit alleged that American Airlines violated its fiduciary duties under the Employee ...
A federal judge's ruling could have sweeping consequences for how companies invest retirement savings in the U.S.
Any corporation or company using BlackRock to manage their pension plans is now effectively aware that BlackRock has acted with a dual motive in the past and is still publicly committed to doing the ...
The collapse of net zero alliances among investment firms and banks represents the third pillar of the progressive left to ...
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.
Un juge texan estime illégale la gestion du fonds de pension d'American airlines par Blackrock, en raison de ses pratiques ESG.