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Wall Street Brunch: Biden Drops Out
Seeking Alpha· 2024-07-21 20:16
Kevin Dietsch/Getty Images News Listen below or on the go on Apple Podcasts and Spotify Biden endorses VP Kamala Harris. (0:17) Tesla robotaxi and AI initiatives could balance core auto struggles. (1:54) The world emerges from the blue screen of death. (6:56) The following in an abridged transcript: President Joe Biden says he's stepping down from the presidential race, ending his reelection campaign after he lost the support of senior Democrats amid concerns over his ability to beat Donald Trump. In ...
Class Action Announcement for American Airlines Group Inc. (AAL): Kessler Topaz Meltzer & Check, LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against American Airlines Group Inc.
GlobeNewswire News Room· 2024-07-20 15:32
RADNOR, Pa., July 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Texas against American Airlines Group Inc. (“American Airlines”) (NASDAQ:   AAL). The action charges American Airlines with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, opera ...
AAL Investors Have Opportunity to Lead American Airlines Group Inc. Securities Fraud Lawsuit
Prnewswire· 2024-07-20 15:00
Core Viewpoint - A class action lawsuit has been filed against American Airlines Group Inc. by shareholders, alleging that the company misled investors about its business operations and sales strategies during the specified period [1][2]. Group 1: Lawsuit Details - The class action is on behalf of purchasers of American Airlines securities between January 25, 2024, and May 28, 2024, with a deadline for lead plaintiff motions set for September 16, 2024 [1][3]. - The lawsuit claims that American Airlines made overly positive statements regarding its sales and distribution strategy, which allegedly did not lead to the expected revenue increases [2]. Group 2: Allegations and Impact - The complaint asserts that American Airlines concealed material adverse facts about its business performance, leading to investor damages when the true situation was revealed [2]. - The lawsuit indicates that the misrepresentation of the company's operational state resulted in significant financial losses for investors once the actual performance was disclosed [2].
AAL INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that American Airlines Group Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2024-07-20 13:50
SAN DIEGO, July 20, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of American Airlines Group Inc. (NASDAQ: AAL) securities between January 25, 2024 and May 28, 2024, both dates inclusive (the “Class Period”), have until September 16, 2024 to seek appointment as lead plaintiff of the American Airlines class action lawsuit. Captioned Qawasmi v. American Airlines Group Inc., No. 24-cv-00673 (N.D. Tex.), the American Airlines class action lawsui ...
Shareholder Alert: Robbins LLP Informs Stockholders of the Class Action Filed Against American Airlines Group Inc. (AAL)
GlobeNewswire News Room· 2024-07-19 23:27
SAN DIEGO, July 19, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all investors who purchased or otherwise acquired American Airlines Group Inc. (NASDAQ: AAL) securities between January 25, 2024 and May 28, 2024. American, through wholly-owned subsidiaries and third-party regional carriers under the American Eagle banner, operates as a network air carrier, providing scheduled air transportation passenger and cargo services throughout the US and i ...
AAL INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that American Airlines Group, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
GlobeNewswire News Room· 2024-07-19 22:10
NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against American Airlines Group, Inc. (“American” or “the Company”) (NASDAQ: AAL) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquire ...
AMERICAN AIRLINES GROUP INC. (NASDAQ: AAL) INVESTOR ALERT: Investors With Large Losses in American Airlines Group Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
GlobeNewswire News Room· 2024-07-19 20:01
NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of American Airlines Group Inc. (“American”) (NASDAQ: AAL) between January 25, 2024 and May 28, 2024, inclusive (the “Class Period”). For more information, submit a form at American Airlines Group Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco ...
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against American Airlines Group Inc. - AAL
Prnewswire· 2024-07-19 18:50
NEW YORK, July 19, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against American Airlines Group Inc. ("American Airlines" or the "Company") (NASDAQ: AAL).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether American Airline ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against American Airlines Group Inc. (AAL)
GlobeNewswire News Room· 2024-07-19 15:30
NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Texas on behalf of all persons and entities who purchased securities of American Airlines Group Inc. (“American Airlines” or the “Company”) (NASDAQ: AAL) between January 25, 2024 and May 28, 2024, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or ...
What's in Store for American Airlines (AAL) in Q2 Earnings?
ZACKS· 2024-07-19 12:42
American Airlines (AAL) is scheduled to report second-quarter 2024 results on Jul 25, before market open.American Airlines has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the preceding four quarters (missing the mark in the other), the average beat being 107.4%.The Zacks Consensus Estimate for AAL’s second-quarter 2024 earnings is currently pegged at $1.04 per share, has been revised downward by 20.61% in the past 60 days. Additionally, the consensus ma ...