American Airlines Faces Backlash For ESG Investments In Employee 401(k) Plans
American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...
GlobalCapital2h
When will BlackRock stand up and defend ESG?
The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...
AOL3d
American Airlines Faces Backlash For ESG Investments In Employee 401(k) Plans
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 ...
Could ESG Funds be Removed from Your 401(k) Plan?
American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...
Benefits Pro15d
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 best financial benefit” for its 401(k) plan, in the biggest victory yet in a case involving ESG ...
The New Republic on MSN13dOpinion
The Right-Wing Judge on a Mission to Destroy ESG Retirement Planning
The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...
JD Supra12d
American Airlines Breaches Fiduciary Duty of Loyalty with BlackRock ESG Funds in 401(k) Plans
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...