American Airlines Group Inc. Class Action Lawsuit - AAL

Company
American Airlines Group Inc. (NASDAQ: AAL)
Lead Plaintiff Deadline
September 16, 2024 (Expired)
Class Period
July 20, 2023 - May 28, 2024

Expired

Lead Plaintiff Deadline

Sep 16, 2024

Never Miss Another Deadline

Choose your preferred way to stay informed of new case launches and settlement deadlines

WhatsApp

Scan the QR code or click the button to join

Join on WhatsApp

Get Updates by Email

Required Field

Required Field

Required Field

No Spam, opt-out anytime, alert list is free

Allegations

During the class period, defendants made overwhelmingly positive statements to investors regarding American’s new sales and distribution strategy to reduce internal expenses while simultaneously driving a significant demand increase for the Company’s airline services. The complaint alleges that these statements misrepresented the true state of American, and that the Company was simultaneously concealing material adverse facts including, notably, that the Company’s sales and distribution strategy was not driving the revenue projected.

Eligibility

In order to be eligible to join the AAL class action lawsuit, you must have incurred a loss on shares of American Airlines purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in American Airlines during the relevant time frame or pursuant to the relevant offering(s), you have until September 16, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

TOP