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American Airlines Workers Say ESG Funds Cost 401(k) Plan

By Kellie Mejdrich (June 2, 2023, 8:36 PM EDT) -- A proposed class of participants in an American Airlines employee 401(k) plan hit the airline with a federal benefits suit Friday, alleging plan funds and investment managers that elevated environmental, social and governance factors cost retirees millions in lost savings through poor performance and excessive fees....

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