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American Airlines Wants 401(k) Suit Over ESG Funds Tossed

By Henrik Nilsson (August 4, 2023, 10:29 PM EDT) -- American Airlines on Friday urged a Texas federal judge to toss a proposed class action alleging the airline's 401(k) plan's focus on environmental, social and governance factors cost retirees millions of dollars, saying the leading plaintiff can't show that he invested in any of the challenged funds....

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