NEW YORK, NY / ACCESSWIRE / August 26, 2024 / If you have suffered a loss on your American Airlines Group Inc. (NASDAQ:AAL) investments and want to learn more about a potential refund under the U.S. securities laws? Click the link below for more information:
or contact Joseph E. Levi, Esq. by email at (email protected) or call (212) 363-7500 to speak with our team of experienced shareholder representatives.
THE COMPLAINT: A class action lawsuit has been filed against American Airlines Group Inc. to recover losses from shareholders harmed by alleged securities fraud between January 25, 2024, and May 28, 2024.
CASE DETAILS: During the class action litigation, defendants made mostly positive statements to investors about American’s new sales and distribution strategy, which was designed to reduce internal costs while significantly increasing demand for the company’s airline services. The lawsuit alleges that these statements misrepresented American’s true condition and that the company simultaneously concealed material adverse facts, including, in particular, that the company’s sales and distribution strategy did not produce projected revenues.
WHAT’S NEXT? If you suffered a loss on American Airlines stock during the relevant period—even if you still own your stock—visit https://zlk.com/pslra-1/american-airlines-lawsuit-submission-form?prid=98355&wire=1 to learn more about your rights to a refund. Participation is free of charge and involves no obligations.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally recognized securities litigation firm that has recovered hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive experience representing investors in complex securities litigation and a team of over 70 people serving our clients. For seven consecutive years, Levi & Korsinsky has been ranked as one of the top securities litigation firms in the United States in the ISS Securities Class Action Services Top 50 Report. Attorney Advertising. Past results do not guarantee similar results.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th floor
New York, NY 10004
(email protected)
Phone: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
