Radnor, Pennsylvania–(Newsfile Corp. – August 24, 2024) – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against American Airlines Group Inc. (“American Airlines”) (NASDAQ: AAL) on behalf of investors who purchased or acquired American Airlines securities between January 25, 2024 and May 28, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is September 16, 2024.
CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you have suffered losses with American Airlines, you can CLICK HERE or go to: https://www.ktmc.com/new-cases/american-airlines-group-inc?utm_source=PR&utm_medium=link&utm_campaign=aal&mktm=r
You can also contact a lawyer Jonathan Naji, Esq. by phone at (484) 270-1453 or by email at [email protected].
Please CLICK HERE to watch our video or copy this link and paste it into your browser: https://youtu.be/bMp5y7PZU2M
ALLEGED MISCONDUCT OF THE DEFENDANT:
The complaint alleges that throughout the Class Period, defendants made false and misleading statements about American Airlines’ new sales and distribution strategy designed to reduce internal costs while creating a significant increase in demand for American Airlines’ services. The complaint further alleges that these statements misrepresented the true condition of American Airlines and that American Airlines simultaneously concealed material adverse facts, including, without limitation, that American Airlines’ sales and distribution strategy did not produce projected revenues.
THE LEAD PLAINTIFF PROCEEDINGS:
American Airlines investors can by 16 September 2024 at the latest, seek to be appointed as lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or another attorney, or choose to do nothing and remain absent as a class member. A lead plaintiff is a representative party acting on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also appropriate and typical of the proposed investor class. The lead plaintiff selects counsel to represent the lead plaintiff and the class, and those attorneys, if approved by the Court, will be lead or class counsel. Your ability to share in any compensation will not be affected by the decision whether or not to serve as lead plaintiff.
Kessler Topaz Meltzer & Check, LLP recommends that American Airlines investors who have suffered significant losses contact the firm directly for further information.
CLICK HERE TO REGISTER FOR THE CASE, GO TO: https://www.ktmc.com/new-cases/american-airlines-group-inc?utm_source=PR&utm_medium=link&utm_campaign=aal&mktm=r
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP litigates class action lawsuits in state and federal courts across the country and around the world. The firm has earned a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate wrongdoing. All of our work is driven by a common goal: to protect investors, consumers, employees and others from corporate and fiduciary fraud, abuse, misconduct and negligence. The claim in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP, visit www.ktmc.com.
May be considered Attorney Advertising in certain jurisdictions. Past results are not a guarantee of future results.
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