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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 by including investment managers and funds focused on environmental, social and governance factors.

United statesFort worth divisionBryanp spenceAmerican airlinesAmerican airlineAmerican airlines incUs district courtUs air forcePilots planFifth circuitNorthern district

American Airlines Files Motion to Dismiss

The back-and-forth between the former pilot and the air line over ESG considerations continues in federal court in Texas.

United statesFort worth divisionObryan spenceDepartment of laborHacker stephensUs district courtAmerican airlinePlaintiff challenged fundBlackrock incAmerican airlinesSharp lawKelly hart hallmanOmelveny myersAmerican airlines incChallenged fundPilots plan

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