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American Airlines Group · ISIN: US02376R1023 · PR Newswire (ID: 20240814DC84182)
14 August 2024 07:30PM

AAL Investors Have Opportunity to Lead American Airlines Group Inc. Securities Fraud Lawsuit


NEW YORK, Aug. 14, 2024 /PRNewswire/ --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of American Airlines Group Inc. (NASDAQ: AAL) between January 25, 2024 and May 28, 2024, both dates inclusive (the "Class Period"). of the important September 16, 2024 lead plaintiff deadline.

So what: If you purchased American Airlines securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the American Airlines class action, go to https://rosenlegal.com/submit-form/?case_id=26399 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 16, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Details of the case: According to the lawsuit, throughout 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 American's airline services. The complaint alleges that these statements misrepresented the true state of American, and that American was simultaneously concealing material adverse facts including, notably, that American's sales and distribution strategy was not driving the revenue projected. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the American Airlines class action, go to https://rosenlegal.com/submit-form/?case_id=26399 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

case@rosenlegal.com

www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aal-investors-have-opportunity-to-lead-american-airlines-group-inc-securities-fraud-lawsuit-302222637.html

SOURCE THE ROSEN LAW FIRM, P. A.

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