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American Airlines has never offered ESG-focused investments in its 401(k) plan. A company spokesperson emailed a statement to ESG Dive stating that the oversight of BlackRock's proxy voting ...
A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social, and other non-financial ...
American Airlines breached fiduciary duty by prioritizing ESG goals, in 401(k) lawsuit. A federal judge in Texas ruled that American Airlines violated its ERISA duties by not focusing “on the ...
American Airlines' focus on ESG in 401(k) plan is illegal, US judge rules. Daniel Wiessner . Updated Sat, Jan 11, 2025, 1:32 PM 3 min read. In This Article: AAL . By Daniel Wiessner ...
ERISA attorneys say the federal judge's ruling against American Airlines in a 401(k) ESG case is troubling and perplexing whose impact is uncertain.
American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has sparked debates over the role of environmental, social and governance (ESG ...
American Airlines has never offered ESG-focused investments in its 401(k) plan. A company spokesperson emailed a statement to ESG Dive stating that the oversight of BlackRock's proxy voting ...
American Airlines has never offered ESG-focused investments in its 401(k) plan. A company spokesperson emailed a statement to ESG Dive stating that the oversight of BlackRock's proxy voting ...