The plaintiff suing American Airlines for adding an ESG fund to the 401(k) plan has dropped the case to 2 defendants.<\/p>\n
Plaintiff Bryan Spence dropped two defendants to the lawsuit that was initially filed against American Airlines, the employee benefits committee, Fidelity Investments, and Edelman Financial Engines for allegedly providing employees a 401(k) plan that sacrificed returns in favor of environmental, social, and governance factors.<\/p>\n
Fidelity Investments and Edelman Financial Engines were dropped from the case. American Airlines, Inc. and the American Airlines Employee Benefits Committee remain defendants.<\/p>\n
<\/span><\/p>","protected":false},"excerpt":{"rendered":" The plaintiff suing American Airlines for adding an ESG fund to the 401(k) plan has dropped the case to 2 defendants. Plaintiff Bryan Spence dropped two defendants to the lawsuit that was initially filed against American Airlines, the employee benefits … Continue reading