NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in American Airlines Group Inc. ("American Airlines" or the "Company") (NASDAQ: AAL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of American Airlines investors who were adversely affected by alleged securities fraud between January 25, 2024 and May 28, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra- ...

Class Action Lawsuit - A shareholder filed a class action lawsuit on behalf of investors who purchased or acquired American Airlines Group Inc (AAL) securities between January 25, 2024, and May 28, 2024 [1] - The lawsuit alleges that American Airlines misled investors regarding its sales and distribution strategy, which was not driving projected revenue and instead drove customers away due to poor execution [1][2] Financial Impact - On May 28, 2024, American Airlines terminated its Executive Vice President and Chief Commercial Officer, Vasu S Raja, and reduced its short-term guidance [2] - The company attributed the lowered guidance to softness in consumer bookings, a domestic supply and demand imbalance, and reduced capacity growth [2] - American Airlines cut its Q2 2024 operating margin projection by 1 percentage point and adjusted earnings per share by more than 17% [2] - The stock price declined from $13 44 per share on May 28, 2024, to $11 62 per share on May 29, 2024, a decline of over 13 5% [2] Legal Participation - Shareholders who wish to serve as lead plaintiff in the class action must file motions by September 16, 2024 [3] - Shareholders can remain absent class members and still be eligible for recovery without participating in the case [3] - Robbins LLP, the law firm handling the case, operates on a contingency fee basis, meaning shareholders pay no fees or expenses [4]

NEW YORK, Aug. 17, 2024 (GLOBE NEWSWIRE) -- 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 contingen ...

NEW YORK, Aug. 15, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of American Airlines Group Inc. (NASDAQ: AAL).Shareholders who purchased shares of AAL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/american-airlines-loss-submission-form/?id=95555&from=4CLASS PERIOD: January 2 ...

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in American Airlines Group Inc. ("American Airlines" or the "Company") (NASDAQ: AAL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of American Airlines investors who were adversely affected by alleged securities fraud between January 25, 2024 and May 28, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra- ...

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of American Airlines Group Inc. (NASDAQ: AAL). Shareholders who purchased shares of AAL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/american-airlines-loss-submission-form/?id=95119&from=3 CLASS PERIOD: J ...

American Airlines’ (AAL) financial stability is increasingly jeopardized by high operating expenses and low liquidity. Elevated costs, including labor, fuel, and repairs and maintenance, further strain the company’s bottom line. Also, low liquidity impedes its ability to meet obligations, making it an unattractive choice for investors’ portfolios.Let’s delve deeper.Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 79% downward over the past 90 d ...

Shares of Fort Worth, TX-based airline heavyweight American Airlines (AAL) have not had a good time on the bourses of late, declining 31.7% over the past 90 days. The horrendous price performance resulted in AAL underperforming its industry’s 10.5% decline in the said time frame as well as the S&P 500, of which the airline is a key member. Additionally, AAL’s price performance compared unfavorably with that of fellow U.S. airline operators United Airlines (UAL) and Delta Air Lines (DAL) in the same timefram ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In American Airlines To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 investing in American Airlines stock or options between January 25, 2024 and May 28, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional ...

LOS ANGELES, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming September 16, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired American Airlines Group Inc. (“American Airlines” or the “Company”) (NASDAQ: AAL) securities between January 25, 2024 to May 28, 2024, inclusive (the “Class Period”). If you suffered a loss on your American Airlines investments or would like to inqu ...