AAL Stockholders with Significant Losses Should Contact Shareholder Rights Lawyers Robbins LLP for Information About the American Airlines Group Inc. Class Action

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]