401(k) plans run by money management firms that incorporate environmental, social, and governance (ESG) factors in their investment decisions are under attack. The case, likely to be appealed, is ...
In other words, investing a 401(k) retirement plan to reflect ESG interests--rather than strictly financial ones--constitutes a breach of the fiduciary duty of loyalty. (Notably, despite this ...
Long before a Texas judge ruled that American Airlines' 401 (k) plans' ESG practices violated federal law, research showed ...
Oil prices were little changed in early trading on Thursday, as markets watched for tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude oil to United States ...
For plan fiduciaries, the Court’s decision should not be dismissed as merely another salvo in the debate over ESG investments in ERISA plans. Rather, in the immediate term, the decision may ...
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