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

American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...

The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic ...

The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to ...

The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...

A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...

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

American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...

Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...

The presiding judge found the airline breached its fiduciary duty under federal law by prioritizing non-financial ...

A federal judge struck another legal blow against ESG, ruling that non-financial decisions made in 401(K) accounts were ...