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 ...
American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...
The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...
A federal judge in Texas ruled that the company violated its ERISA duties by not focusing “on the best financial benefit” for ...
On January 10, 2025, the U.S. District Court for the Northern District of Texas issued an opinion in Spence v. Am. Airlines, ...
ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...
Could plan fiduciaries violate their duty of loyalty to plan participants despite a prudent process? A recent federal judge says yes — Nevin (Adams) & Fred (Reish) discuss.
A federal judge's ruling could have sweeping consequences for how companies invest retirement savings in the U.S.
The collapse of net zero alliances among investment firms and banks represents the third pillar of the progressive left to ...
Un juge texan estime illégale la gestion du fonds de pension d'American airlines par Blackrock, en raison de ses pratiques ESG.