Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Consulting Actuary

Daybright Financial
(Remote)

Daybright Financial logo

Director of Regulatory Operations and Compliance

PCS Retirement
(PA / Hybrid)

PCS Retirement logo

Internal Channel Sales Team Lead

July Business Services
(Remote / Waco TX)

July Business Services logo

Plan Administrator

Stones River Consulting
(Remote / TN)

Stones River Consulting logo

Manager of Client Service

EPIC RPS
(Remote / Norwich NY)

EPIC RPS logo

Senior Client Success Manager

Independent Retirement
(Remote)

Independent Retirement logo

Regional Sales Director-Heartland

July Business Services
(Remote / Waco TX / IL)

July Business Services logo

Team Leader

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Director, Strategic Accounts and Channel Development

July Business Services
(Remote / Waco TX)

July Business Services logo

Regional Sales Director-Mid Atlantic

July Business Services
(Waco TX / DC)

July Business Services logo

Relationship Manager for Defined Benefit/Cash Balance Plans

Daybright Financial
(Remote)

Daybright Financial logo

Relationship Manager – Defined Contributions

Daybright Financial
(Remote)

Daybright Financial logo

Consultant / Account Manager

Spectrum Pension Consultants (part of Daybright Financial)
(Remote / Tacoma WA / CA / OH)

Spectrum Pension Consultants (part of Daybright Financial) logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

ESG Opponents Get Novel Win in American Airlines 401(k) Suit
Bloomberg; subscription required Link to more items from this source
Jan. 13, 2025

"The airline breached its fiduciary duty of loyalty -- but not its fiduciary duty of prudence -- in allowing its $26 billion retirement plan to be influenced by corporate goals unrelated to workers' best financial interests, Judge Reed O'Connor ... said after a four-day, non-jury trial. The 2023 lawsuit, which says the airline wrongly offered 401(k) funds managed by companies that pursue ESG policy goals through proxy voting and shareholder activism, is the latest battle in the broader debate over socially conscious investing." [Spence v. Am. Airlines, Inc., No. 23-0552 (N.D. Tex. Jan. 10, 2025)]  MORE >>

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).