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 ...
Pensions&Investments12h
American Airlines 401(k) ESG ruling a 'head-scratcher,' leaving lawyers troubled and perplexed
In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...
AOL5d
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 ...
Pensions&Investments12h
ESG funds haven't gained much traction in 401(k) plans or with DC plan consultants
Long before a Texas judge ruled that American Airlines' 401 (k) plans' ESG practices violated federal law, research showed that sustainable investing was losing momentum among DC plan consultants, ...
Journal Record33m
Free Market Friday: Court ruling a warning for state pensions
A recent ruling by a U.S. District Court both validates Oklahoma law and fires a warning shot across the bow for the managers ...
GlobalCapital1d
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 ...
Several state officials demand feds protect Americans' retirement plans by clearly regulating ESG investments
"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter to acting heads of both agencies.