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

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

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.

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

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

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its ...

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 ...

Case over pension scheme management highlights rising risks of legal challenges over environmentally-focused policies ...

A federal case out of Texas decided on Friday, could be the first step in a long and painful march for institutional capital ...

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