American Airlines Can't Ground 401(k) Suit Over ESG Funds

By Emmy Freedman · February 22, 2024, 5:00 PM EST

A Texas federal judge has refused to toss a pilot's proposed class action accusing American Airlines of packing its $26 billion retirement plan with investments that focused too heavily on environmental, social and...

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Case Information

Case Title

Spence v. American Airlines, Inc., et al

Case Number

4:23-cv-00552

Court

Texas Northern

Nature of Suit

Labor: Employee Retirement Income Security Act (ERISA)

Date Filed

June 01, 2023