In ERISA Suit, Pilot Challenges Retirement Plan’s Explicitly ESG Funds, Others

(June 5, 2023, 10:33 AM EDT) -- FORT WORTH, Texas — Challenging the use of “investment managers and investment funds that pursue leftist political agendas through environmental, social and governance (‘ESG’) strategies, proxy voting, and shareholder activism,” an American Airlines Inc. pilot on June 2 sued American Airlines Inc., its employee benefits committee, its plan administrator and an investment adviser in Texas federal court....

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