American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...
On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...
The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic ...
The European Union is likely to scale back its highly contested ESG reporting requirements, as France prepares to unveil a ...
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 ...
Defined contribution plans using environmental, social and governance principles have suffered a setback and could face more ...
The presiding judge found the airline breached its fiduciary duty under federal law by prioritizing non-financial ...
Large parts of the world want access to the things we take for granted, and that means large amounts of reliable and ...
Following a bench trial, Judge O'Connor (N.D. Tex.) held that “that Defendants breached their fiduciary duty by failing to loyally act solely in ...
A federal judge struck another legal blow against ESG, ruling that non-financial decisions made in 401(K) accounts were ...
According to the lawsuit, BlackRock’s strategies covertly shifted core index portfolios within the retirement plan toward ESG funds, potentially jeopardizing financial returns for sociopolitical ...
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