American Airlines has never offered ESG-focused investments in its 401(k) plan. A company spokesperson emailed a statement to ESG Dive stating that the oversight of BlackRock's proxy voting ...

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 ...

American Airlines Inc. 401(k) Plan for Pilots had $9.1 billion in assets, and the American Airlines Inc. 401(k) Plan had $12.8 billion in assets as of Dec. 31, 2022.

American Airlines Inc. violated federal law by filling its 401(k) ... ESG investing “considers or pursues a non-pecuniary interest as an end itself rather than as a means to some financial end.” ...

The airline argued the case should be dropped partly because the ESG funds in question were not in the 401(k) plans’ core menu. American Airlines Inc. has requested a federal judge dismiss a complaint ...

American Airlines pilot sues employer over ESG funds in 401(k) plan. In a class action lawsuit, the former employee alleges that 37% of his retirement savings were invested in BlackRock's Target ...

American Airlines Inc., filed on Tuesday in U.S. District Court for the Northern District of Texas, looks to rebut arguments made by American Airlines in a motion to dismiss filed in early August. In ...

American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an investment manager for its $26 billion retirement savings plan with a ...

American Airlines has never offered ESG-focused investments in its 401(k) plan. A company spokesperson emailed a statement to ESG Dive stating that the oversight of BlackRock's proxy voting ...

American Airlines has never offered ESG-focused investments in its 401(k) plan. A company spokesperson emailed a statement to ESG Dive stating that the oversight of BlackRock's proxy voting ...