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”) ...
Berkshire coal plants emit more nitrogen oxide gases than any other coal-fired fleet in the country. Despite big investments ...
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...
Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...
A federal judge ruled Friday that American Airlines violated its legal responsibilities in managing employees’ retirement ...
Defined contribution plans using environmental, social and governance principles have suffered a setback and could face more ...
Judge Reed O’Connor of the Northern District of Texas issued a much-anticipated ruling in Spence v. American Airlines, ...
The former employee alleged that 37% of his retirement savings were invested in BlackRock's Target Date 2045 fund, which uses ESG considerations. Spence called American Airlines’ actions ...
A federal case out of Texas decided on Friday, could be the first step in a long and painful march for institutional capital ...
The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to ...
The Texas federal judge who ruled against using environmental, social, and governance factors in American Airlines Group Inc. employee retirement accounts is no stranger to hot-button political issues ...