judgment

Texas Federal Court Denied Monetary Damages for American Airlines’ ESG-Related Breach of Fiduciary Duty to Retirement Plan Participant but Issued Injunction

Class action alleging that American Airlines and related defendants breached their fiduciary duties under ERISA by investing employees' retirement savings with managers and in funds that use ESG strategies.

Spence v. American Airlines, Inc.

Litigation

Sabin

Sabin Litigation

memorandum opinion and order

Texas Federal Court Denied American Airlines Summary Judgment Motion in Class Action Alleging Breaches of Fiduciary Duties Related to ESG Investments

order

Texas Federal Court Certified Class for Action Against American Airlines for Retirement Plan Investments in Funds that Pursued ESG Objectives

Texas Federal Court Denied Motion to Dismiss American Airlines Employee Class Action Alleging ESG-Related Breaches of ERISA Duties

complaint

Spence v. American Airlines, Inc. - complaint

findings of fact and conclusions of law

Texas Federal Court Found that American Airlines Breached ERISA Duty of Loyalty Due to Influence of ESG Interests

Filing Year For Action