American Airlines' focus on ESG in retirement plan is illegal, US judge rules
India's Tata Consultancy Services expects its retail and manufacturing clients in North America to step up spending on tech, ...
Judge Rules American Airlines Violated Retirement-Plan Duties by Encouraging ESG Investing
A federal judge ruled Friday that American Airlines violated its legal responsibilities in managing employees’ retirement ...
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 ...
American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
Case over pension scheme management highlights rising risks of legal challenges over environmentally-focused policies ...
usaherald4h
American Airlines Violated Federal Benefits Law by Using ESG in 401(k)
A Texas federal judge ruled Friday that American Airlines breached federal benefits law by emphasizing environmental, social, ...
American’s focus on ESG in retirement plan ruled illegal, Reuters reports
A federal judge in Texas on Friday said American Airlines (AAL) violated federal law by basing investment decisions for its employee retirement ...
Pensions&Investments2d
Federal judge rules against American Airlines in signature 401(k) ESG lawsuit
This was the first challenge to a DC plan sponsor’s use of environmental, social and governance principles, and the judge’s ...
planadviser.com2d
Court Rules American Airlines Breached Fiduciary Duty in ESG Case
A federal district court in Texas found that American Airlines prioritized ESG investment goals ahead of employees’ financial ...
InvestmentNews2d
Texas court rules against American Airlines in ESG 401(k) plan case
The presiding judge found the airline breached its fiduciary duty under federal law by prioritizing non-financial ...
EconoTimes20h
Texas Judge Rules American Airlines Breached Duty in Retirement Plan Investments
A federal judge in Texas has ruled that American Airlines violated federal law by prioritizing environmental, social, and ...
New York Post2d
American Airlines broke the law by focusing on ESG in 401(k) plans: judge
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.
Bloomberg L.P.2d
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 ...