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. 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.” ...

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 ...

A class-action lawsuit against American Airlines filed by employees opposed to Environmental, Social and Governance (ESG) funds used in their 401(k)s could redefine how employers handle ESG ...

In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on Jan. 10 that American and its fiduciaries violated ERISA’s duty of ...

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' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has sparked debates over the role of environmental, social and governance (ESG ...

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 ...