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

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

Nearly two dozen state financial officers are calling on federal financial regulators to issue clear guidance and establish ...

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

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

Any corporation or company using BlackRock to manage their pension plans is now effectively aware that BlackRock has acted with a dual motive in the past and is still publicly committed to doing the ...

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

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.

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