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

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

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

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

A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...

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

Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...

American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...

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

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

Trillion dollar asset manager Northern Trust has also quit Climate Action 100+, an investor-led initiative of financial ...