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

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

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

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

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

ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas issued an opinion in Spence v. Am. Airlines, ...

A federal judge's ruling could have sweeping consequences for how companies invest retirement savings in the U.S.

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

United CEO Scott Kirby diminished American in comments on Wednesday. American CEO Robert Isom barely responded during ...

Un juge texan estime illégale la gestion du fonds de pension d'American airlines par Blackrock, en raison de ses pratiques ESG.