In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on Jan. 10 that American and its fiduciaries violated ERISA’s duty of loyalty ...
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) ...
The second Trump presidency has arrived. With it – and particularly the Trump Administration’s push back on diversity, equity, and inclusion ...
While social activism of this kind has been in retreat for some time, many are realizing that these policies are not just unpopular and unethical, but illegal.
ESG pushback within the United States is affecting business matters in a substantial way. In January, a Texas federal judge ...
Earlier this month, U.S. District Judge Reed O'Connor ruled that allowing BlackRock, which managed the airline's 401 (k) plan, to consider ESG factors when picking investments for the plan meant that ...
TEXAS: According to a Federal judge in Texas, American Airlines violated federal law ... social and governance (ESG) factors. “The evidence made clear that (American’s) incestuous relationship ...
Federal Judge Reed O’Connor ruled in Spence v. American Airlines that the airline breached its fiduciary duties under the ...
The letter signed by 22 Republican state finance officials cited American Airlines’ recent legal loss as evidence that ...
President Donald Trump met with American Airlines Chief Executive Officer Robert Isom on Wednesday to discuss Trump’s push for additional investment in updated air traffic control systems.