American Airlines Faces Backlash For ESG Investments In Employee 401(k) Plans
American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...
The New Republic on MSN13dOpinion
The Right-Wing Judge on a Mission to Destroy ESG Retirement Planning
The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...
Federal judge rules against American Airlines in 401(k) ESG lawsuit
A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...
JD Supra12d
American Airlines Breaches Fiduciary Duty of Loyalty with BlackRock ESG Funds in 401(k) Plans
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...
Could ESG Funds be Removed from Your 401(k) Plan?
American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...
Zuckerberg, other moguls say they're backing off ESG and DEI but are they for real?
ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...
JD Supra4d
Texas District Court’s Decision in 401(k) Case Has Wide-Ranging Implications for Plan Fiduciaries
On January 10, 2025, the U.S. District Court for the Northern District of Texas issued an opinion in Spence v. Am. Airlines, ...
novethic.fr4d
Backlash contre l'ESG : un juge texan condamne les pratiques du fonds de pension d’American airlines
Un juge texan estime illégale la gestion du fonds de pension d'American airlines par Blackrock, en raison de ses pratiques ESG.
AOL3d
American Airlines Faces Backlash For ESG Investments In Employee 401(k) Plans
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 ...