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 ...
Court’s ESG Ruling Puts Pressure on Managers of 401(k) Plans
A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...
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Texas District Court ESG ruling has broader implications for ERISA plan fiduciaries
On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...
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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 ...
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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 ...
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 ...
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Benefits Monthly Minute - January 2025
Monthly Minute highlights a recent Texas court decision holding ESG investing violated ERISA and a new development in the J&J ...