A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...
Nearly two dozen state financial officers are calling on federal financial regulators to issue clear guidance and establish ...
American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...
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 case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...
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 ...
Backlash contre l'ESG : un juge texan condamne les pratiques du fonds de pension d’American airlines
Un juge texan estime illégale la gestion du fonds de pension d'American airlines par Blackrock, en raison de ses pratiques ESG.
Last week, U.S. District Judge Reed O'Connor ruled that American airlines had breached the law by making investment decisions for its employee retirement plans based on non-financial factors like ESG.
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