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

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

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

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

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

A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...

(k) plans run by money management firms that incorporate environmental, social, and governance (ESG) factors in their ...

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 ...

ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

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