Brothers and Sisters, In its continued efforts to stymie negotiations for Joint Collective Bargaining Agreements with the TWU-IAM Association, American Airlines is pushing forward with its frivolous lawsuit in a Fort Worth, TX Federal Court. A calendar has been set by the court for the parties to meet in two pre-trial settlement conferences during the…
WASHINGTON, May 21, 2019— The TWU-IAM Association today issued the following statement in response to American Airlines’ request for an injunction against the Association: It is unfortunate that American Airlines has chosen to abandon negotiating with its employees and instead go straight to federal court. The airline is frustrated with the Association for refusing to…
The settlement, if approved, would be among the largest in cases alleging enrichment due to use of proprietary investments.. Plaintiffs brought the suit, Main et al v. American Airlines Inc. et al, in April 2016. They alleged defendants breached their fiduciary duties under the Employee Retirement Income Security Act of 1974 by selecting and retaining…