Parties Dispute Summary Judgment Issues In ERISA Suit Over ESG Factors

(April 9, 2024, 9:44 AM EDT) -- FORT WORTH, Texas — In a reply brief supporting summary judgment in a putative class case concerning environmental, social and governance (ESG) considerations and the purported proxy voting activism of investment management firms, American Airlines Inc. and a related defendant reiterate their contentions that the plaintiff’s theories fail for reasons including that he can’t prove any loss to the retirement plans at issue....