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Judge rules American Airlines broke law by considering ESG factors in retirement plans.
A federal judge in Texas ruled that American Airlines violated federal law by considering environmental, social, and governance (ESG) factors in its employee retirement plans.
Judge Reed O'Connor found that the airline breached its duty to prioritize financial interests over social concerns, marking a significant ruling against socially-conscious investing.
American Airlines did not comment on the decision.
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Reglas del juez American Airlines infringió la ley al considerar los factores ESG en los planes de jubilación.