A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...

A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...

American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...

The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic ...

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its ...

A federal judge in Texas ruled that American Airlines violated its ERISA duties by not focusing “on the best financial ...

Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...

Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...

American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...

The company’s retirement plan was found to favor socially conscious goals over financial returns.

A federal case out of Texas decided on Friday, could be the first step in a long and painful march for institutional capital ...

Defined contribution plans using environmental, social and governance principles have suffered a setback and could face more ...