American Airlines' focus on ESG in 401(k) plan is illegal, US judge rules
A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors.
Judge Rules American Airlines Violated Retirement-Plan Duties by Encouraging ESG Investing
The company’s 401(k) plan was found to favor socially conscious goals over financial returns.
Federal judge rules against American Airlines in signature 401(k) ESG lawsuit
This was the first challenge to a DC plan sponsor’s use of environmental, social and governance principles, and the judge’s ruling adds to the efforts by certain politicians and legislatures to claim ESG principles adversely affect retirement plan investments.
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 environmental, social, and corporate governance goals, a Texas federal judge ruled Friday in the biggest victory yet for opponents of the strategy.
Inside the American Airlines Campaign to Win Back Business Travelers
The nation’s second-largest carrier is playing catch-up to rivals after its bet to overhaul corporate travel failed.
American Airlines Violated Federal Law By Using 401(k) Plan to Promote ESG Funds, Judge Rules
NR has reached out to American Airlines for comment. BlackRock routinely points to high returns on its ESG products and its client satisfaction in response to criticism of its inv
Don't leave sleeping passengers on planes after flights land, American Airlines union reminds cabin crew
The union for American Airlines flight attendants issued a memo reminding crew to ensure all passengers leave aircraft after ...
American Airlines & United Airlines Flight Incident at Chicago Airport Explained
Recently, an American Airlines plane and a United Airlines aircraft collided at the Chicago airport, which has stirred ...
American Airlines pilot shares what happens if you need toilet when seatbelt sign is on
Ever wondered what you can do if you need to use the toilet when the seatbelt sign is on? American Airlines pilot Steve ...
American Airlines passenger tears into flight attendant for wearing apparent pro-Palestinian pin: video
A Jewish passenger aboard an American Airlines flight to Miami confronted a flight attendant for antisemitism after he caught ...
American Airlines Announces Executive Leadership Changes
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American Airlines’ stock snags three upgrades to reflect better backdrop in 2025
American Airlines Group Inc.’s stock gained 3.2% on Monday, after a slew of upgrades that acknowledged the company is coming ...
American Airlines Stock Jumps as Analysts Upgrade to 'Buy'
Shares of American Airlines surged Monday after brokerages Jefferies and TD Cowen upgraded and raised their price targets on ...
These are the biggest music acts coming to American Airlines Center this spring
The American Airlines Center in Dallas is hosting some of the biggest names in music this spring. Papa Roach, Rauw Alejandro, ...