August 06, 2020
American Airlines has defeated an ERISA suit alleging its 401(k) plan offered an investment option that benefited the company more than workers, with a Texas federal judge quashing claims that American failed to look out for workers' best interests.
July 22, 2020
Two former American Airlines workers have urged a Texas federal judge not to end their suit accusing the company of keeping a shoddy investment option in their retirement plan's lineup, labeling the airline's arguments "bogeymen."
July 06, 2020
American Airlines is urging a Texas federal judge to toss an ERISA suit claiming the airline wrongly let workers put their retirement savings in an investment option offered by a credit union, telling the court that the lead plaintiffs' own investment decisions undermined their case.
July 02, 2020
Two former American Airlines workers lost their bid to certify a 20,000-member class in their suit alleging their retirement plan was mismanaged, after a Texas federal judge said certification wasn't necessary since they are suing on behalf of the whole plan.
December 06, 2019
Former American Airlines workers suing over alleged retirement plan mismanagement have hit back at the air carrier's objections to their push for approval of a 20,000-member class, saying the company hasn't identified any compelling reason not to grant class certification.
October 10, 2018
Participants in an American Airlines retirement plan on Tuesday responded to a Texas federal judge's concerns about their bid to certify a class of more than 20,000 members, saying that their Employee Retirement Income Security Act suit simply seeks to recover plan losses that resulted from the carrier's alleged fiduciary breaches.
August 10, 2018
Participants in an American Airlines retirement plan have urged a Texas federal judge to reject the airline's request to file another response in briefing over class certification in their Employee Retirement Income Security Act suit, calling the motion "a last-ditch effort to burden the court with more paper."
May 15, 2018
American Airlines urged a Texas federal judge on Monday not to certify a class of roughly 20,000 retirement plan participants who claim the airline pushed conservative investors into an underperforming option that benefited the carrier’s credit union, accusing the participants who seek to represent the class of hypocritical behavior.
April 26, 2018
Former American Airlines employees have urged a Texas federal court to certify a class of at least 20,000 retirement plan participants to pursue claims that the carrier limited workers looking for conservative investments to an underperforming option that mainly benefited the airline's credit union.