In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...

ESG pushback within the United States is affecting business matters in a substantial way. In January, a Texas federal judge ...

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

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) ...

"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...

Long before a Texas judge ruled that American Airlines' 401 (k) plans' ESG practices violated federal law, research showed ...

Earlier this month, U.S. District Judge Reed O'Connor ruled that allowing BlackRock, which managed the airline's 401 (k) plan, to consider ESG factors when picking investments for the plan meant that ...

Federal Judge Reed O’Connor ruled in Spence v. American Airlines that the airline breached its fiduciary duties under the ...

The letter signed by 22 Republican state finance officials cited American Airlines’ recent legal loss as evidence that ...

TEXAS: According to a Federal judge in Texas, American Airlines violated federal law ... social and governance (ESG) factors. “The evidence made clear that (American’s) incestuous relationship ...

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

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