A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...

The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...

We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...

Morningstar’s latest analysis shows that redemptions from European funds registered as Article 9—the name given to the EU’s strictest ESG category—reached €7.3 billion ($7.6 billion) in the final ...

Sustainability” investments became popular a few years back. So-called experts said companies shouldn’t just focus on profit.

American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...

The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...

The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.