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

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

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

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”) ...

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

Last week, U.S. District Judge Reed O'Connor ruled that American airlines had breached the law by making investment decisions for its employee retirement plans based on non-financial factors like ESG.

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

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

Judge Reed O’Connor of the Northern District of Texas issued a much-anticipated ruling in Spence v. American Airlines, ...

The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...

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