Sharp Law News Today

A Texas federal judge has scheduled a trial date, following the entry by attorneys for each side of pretrial materials, including witnesses that each expects to testify. 

The FTC just found evidence that American oil companies colluded with the Saudi government to hike gas prices, costing the average family $3,000 last year. The question is, what can we do about it?

The plaintiff, Bryan Spence, referenced another federal court’s decision in asking a Texas federal court to deny the defendants’ motion to dismiss.  

The back-and-forth between the former pilot and the air line over ESG considerations continues in federal court in Texas.

The plaintiff responds to an American Airlines motion to dismiss by alleging he was, in fact, defaulted into ESG-related funds that underperformed. 

The airline has sought to dismiss the litigation, but the trial could begin in late June of next year.  

Fidelity Institutional and Financial Engines Advisors, LLC were removed as defendants to the lawsuit, the court docket shows.

The first lawsuit over the use of ESG in a 401(k) has officially been filed, which isn't surprising in the highly litigious realm of 401(k)s.

American Airlines was sued late last week over its 401(k), in what appears to be the first litigation focused on the use of ESG factors.

A class action complaint brought against American, Fidelity and Edelman Financial Engines targets ESG 401(k) investments.