Judge Certifies Class In ESG Row Focused On Proxy Voting, Shareholder Activism

( May 28, 2024, 1:33 PM EDT) -- FORT WORTH, Texas — Rejecting numerous arguments advanced by American Airlines Inc. and a related defendant in a suit over environmental, social and governance (ESG) considerations and the purported proxy voting activism of investment management firms, a Texas federal judge granted certification of a narrowed class that reflects the decision to drop one theory of liability....