American Airlines' focus on ESG in 401(k) plan is illegal, US judge rules
A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors.
Judge Rules American Airlines Violated Retirement-Plan Duties by Encouraging ESG Investing
The company’s retirement plan was found to favor socially conscious goals over financial returns.
Texas judge strikes down American Air’s ESG focus in retirement accounts
A federal judge struck another legal blow against ESG, ruling that non-financial decisions made in 401(K) accounts were illegal.
ESG Opponents Get Novel Win in American Airlines 401(k) Suit
American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue environmental, social, and corporate governance goals, a Texas federal judge ruled Friday in the biggest victory yet for opponents of the strategy.
American Airlines Violated Federal Law By Using 401(k) Plan to Promote ESG Funds, Judge Rules
NR has reached out to American Airlines for comment. BlackRock routinely points to high returns on its ESG products and its client satisfaction in response to criticism of its inv
Texas judge finds American Airlines broke federal law in ESG investing
A U.S. district judge in Texas ruled that American Airlines (NASDAQ:AAL) violated U.S. law governing employee retirement investment management by basing investment decisions on socio-political outcomes rather than exclusively on financial terms.
American Airlines & United Airlines Flight Incident at Chicago Airport Explained
Recently, an American Airlines plane and a United Airlines aircraft collided at the Chicago airport, which has stirred ...
American Airlines passenger tears into flight attendant for wearing apparent pro-Palestinian pin: video
A Jewish passenger aboard an American Airlines flight to Miami confronted a flight attendant for antisemitism after he caught ...
Don't leave sleeping passengers on planes after flights land, American Airlines union reminds cabin crew
The union for American Airlines flight attendants issued a memo reminding crew to ensure all passengers leave aircraft after ...
American Airlines Plane Hits United Jet at Chicago Airport
Recently, an American Airlines plane and a United Airlines aircraft collided at the Chicago airport, which has stirred ...
American Airlines Legal Chief Departs for Warner Bros. Discovery
American Airlines Group is looking for a new chief legal officer to replace Priya Aiyar, who will depart the Fort Worth, ...
American Airlines pilot shares what happens if you need toilet when seatbelt sign is on
Ever wondered what you can do if you need to use the toilet when the seatbelt sign is on? American Airlines pilot Steve ...
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'I'm an American Airlines pilot – there's reason for mysterious ding on flights'
There's a lot of sounds you might hear during a flight, but have you ever wondered what that mysterious ding really means?
American Airlines Announces Executive Leadership Changes
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These are the biggest music acts coming to American Airlines Center this spring
The American Airlines Center in Dallas is hosting some of the biggest names in music this spring. Papa Roach, Rauw Alejandro, ...
American Airlines Stock Gets 3 Upgrades to Buy. Here’s Why.
American Airlines stock was rising Monday as analysts at Jefferies, TD Cowen, and Melius Research upgraded shares of the ...