Trial Date Set for Class-Action Lawsuit Against American Airlines Over ESG Pension Investments

Airline company disputes the complaint’s claim that ESG investing underperforms
Trial Date Set for Class-Action Lawsuit Against American Airlines Over ESG Pension Investments
An American Airlines flight takes off from Ronald Reagan Washington National Airport in Washington, D.C., on July 10, 2023. Alex Wong/Getty Images
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A pilot’s class-action lawsuit against American Airlines (AA) for allegedly investing pension funds in environmental, social, and corporate governance (ESG) funds is set to be heard on June 24 after a Texas district judge denied a request for dismissal.

AA filed its motion for dismissal in February.