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ESG Opponents Get Novel Win in American Airlines 401(k) Suit

bloomberg.com

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Re: ESG Opponents Get Novel Win in American Airlines 401(k) Suit

#3
> 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.

Re: ESG Opponents Get Novel Win in American Airlines 401(k) Suit

#4
post #3

> 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.

This is a big deal.