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Federal Judge Blasts DEI and BlackRock's 'Incestuous' Relationship in New Ruling
A federal judge in Texas ruled against American Airlines after the company centered employee retirement plans on ...
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Could ESG Funds be Removed from Your 401(k) Plan?
(k) plans run by money management firms that incorporate environmental, social, and governance (ESG) factors in their investment decisions are under attack.
American Airlines Accused of Discrimination by Interracial Couple
In a lawsuit, two newlyweds say they were detained after a passenger and airline employees wrongly suspected the Black ...
Tennessee, BlackRock Settle ESG Case after Asset Manager Agrees to Concessions
BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.
Federal Judge Finds American Airlines Culpable For Prioritizing ESG In Retirement Fund
Last week, U.S. District Judge Reed O'Connor ruled that American airlines had breached the law by making investment decisions for its employee retirement plans based on non-financial factors like ESG.
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.