Insights: Publications Airline ESG Ruling Imperils Work of BlackRock, 401(k) Managers
Bloomberg Law
Kilpatrick's Sterling Perkinson was recently interviewed by Bloomberg Law for the article, "Airline ESG Ruling Imperils Work of BlackRock, 401(k) Managers."
The article covers a Texas federal judge ruling that American Airlines violated ERISA fiduciary duties by insufficiently overseeing BlackRock’s ESG-focused investments, setting a potential precedent for nationwide 401(k) lawsuits and intensifying the debate over ESG-focused investment strategies.
Read the full article here.
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