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American Airlines 401(k) Participants Seek Cert. Of 100K Class

By Gina Kim ( November 21, 2023, 7:57 PM EST) -- Over 100,000 participants in American Airlines' $26 billion 401(k) plan asked a Texas federal judge Tuesday to certify their proposed class action alleging it breached federal benefits law by prioritizing environmental, social and governance factors over financial performance, arguing their losses will be established through common proof....

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