Texas judge strikes down American Air’s ESG focus in retirement accounts
A federal judge struck another legal blow against ESG, ruling that non-financial decisions made in 401(K) accounts were ...
American Airlines ESG investing strategy violated federal law, judge rules
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...
InvestmentNews8d
Texas court rules against American Airlines in ESG 401(k) plan case
The presiding judge found the airline breached its fiduciary duty under federal law by prioritizing non-financial ...
EconoTimes7d
Texas Judge Rules American Airlines Breached Duty in Retirement Plan Investments
A federal judge in Texas has ruled that American Airlines violated federal law by prioritizing environmental, social, and ...
Seeking Alpha8d
Texas judge finds American Airlines broke federal law in ESG investing
A U.S. district judge in Texas ruled that American Airlines (NASDAQ:AAL) violated U.S. law governing employee retirement investment management by basing investment decisions on socio-political ...
JD Supra3d
Practical Takeaways from Spence v. American Airlines, Inc. for ERISA Plan Fiduciaries
Judge Reed O’Connor of the Northern District of Texas issued a much-anticipated ruling in Spence v. American Airlines, ...
ESG Opponents Get Novel Win in American Airlines 401(k) Suit
American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...
Exclusive: How American landed SA’s first DC flights
San Antonio had a gaping hole in its nonstop air coverage its leaders worked for more than a decade to close without success.
Nearly 2,000 US flights canceled as winter storm hits Texas: What to know
A winter storm in Texas is causing widespread flight cancellations, particularly in Dallas, a major airline hub.