Airline’s Dismissal Bid Fails In Narrowed ESG Suit Focusing On Investment Managers

( February 23, 2024, 12:45 PM EST) -- FORT WORTH, Texas — A narrowed Employee Retirement Income Security Act case focusing on environmental, social and governance (ESG) considerations and the purported “proxy voting activism” of investment management firms such as BlackRock Inc. has survived dismissal, with a Texas federal judge saying in part that inference of a flawed process is plausible....