Airline Entities Seek Summary Judgment In Narrowed ERISA Suit Over ESG Factors

(March 7, 2024, 3:08 PM EST) -- FORT WORTH, Texas — Days after a Texas federal judge denied their dismissal bid, airline defendants in a putative class case concerning environmental, social and governance (ESG) considerations and the purported proxy voting activism of investment management firms filed a summary judgment motion arguing that lack of proof dooms the action’s pleaded and unpleaded theories....