Former Pilot Adds to Arguments in American Airlines ESG Case
The plaintiff, Bryan Spence, referenced another federal court’s decision in asking a Texas federal court to deny the defendants’ motion...
Tag: environmental
Dueling Motions Filed in American Airlines ESG Lawsuit
Both parties brought motions as a former pilot asserts that fiduciaries for American Airlines’ defined contribution plans breached their duty...
Julie Su Nominated to Replace Walsh at DOL
Biden tapped the deputy secretary of labor to take over as head of the DOL, with a Senate confirmation hearing...
Tuberville Returns With Call for Crypto Access in 401(k) Plans
The Republican senator also argued that the DOL should not be dictating what investments may be offered through the self-directed...
DOL Urged to Withdraw Proposal on ESG Investments in Retirement Plans
A group of senators and the ASA issued letters saying the newly proposed rule weakens protections for retirement plan investors...
Pressure Is Building to Consider Climate Change When Investing
Retirement plan fiduciaries, for now, should at least consider the role climate change will have on plan investments and vice...