In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...

Long before a Texas judge ruled that American Airlines' 401 (k) plans' ESG practices violated federal law, research showed ...

"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...

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 ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...

A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...

A recent ruling by a U.S. District Court both validates Oklahoma law and fires a warning shot across the bow for the managers ...

We are pleased to share the January 2025 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, ...

President Donald Trump and his senior staff have relied on a common MAGA rebuke for the reasons behind the fires in LA, inflation in the US, and now the deadly plane crash in Washington: diversity, ...

President Donald Trump quickly politicized the air collision between an American Airlines Group Inc. regional jet and a military helicopter, blaming diversity, equity and inclusion programs for the ...

Federal Judge Reed O’Connor ruled in Spence v. American Airlines that the airline breached its fiduciary duties under the Employee Retirement Income Security Act (ERISA) by choosing a retirement fund ...