American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...

The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic ...

A federal judge ruled Friday that American Airlines violated its legal responsibilities in managing employees’ retirement ...

The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to ...

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”) ...

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 judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...

Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...

Case over pension scheme management highlights rising risks of legal challenges over environmentally-focused policies ...

A federal judge struck another legal blow against ESG, ruling that non-financial decisions made in 401(K) accounts were ...

The presiding judge found the airline breached its fiduciary duty under federal law by prioritizing non-financial ...