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Lead Plaintiff Deadline
Sep 16, 2024
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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.
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.
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.
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