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 pilot sues employer over ESG funds in 401(k) plan. In a class action lawsuit, the former employee alleges that 37% of his retirement savings were invested in BlackRock's Target ...

American Airlines must face lawsuit over ESG retirement investing. By Jody Godoy. February 22, 2024 7:57 PM UTC Updated February 22, 2024 An American Airlines Boeing 777 plane takes ...

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 ...

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 ...

The airline argued the case should be dropped partly because the ESG funds in question were not in the 401(k) plans’ core menu. American Airlines Inc. has requested a federal judge dismiss a complaint ...

American Airlines Inc., filed on Tuesday in U.S. District Court for the Northern District of Texas, looks to rebut arguments made by American Airlines in a motion to dismiss filed in early August. In ...

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' 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 ...