NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) –
WHY: Rosen Law Firm, a global investor rights law firm, announces the investigation of potential securities claims on behalf of shareholders of American Airlines Group Inc. (NASDAQ: AAL) arising from allegations that American Airlines may have provided materially misleading business information to investors.
SO WHAT: If you purchased American Airlines securities, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action lawsuit to recover investors’ losses.
WHAT TO DO NEXT: To join the proposed class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=26399 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information about the class action lawsuit.
WHAT IS THIS ABOUT: On May 28, 2024, after the market closed, American Airlines filed a Current Report on Form 8-K with the SEC. In this current report, the company announced that its Chief Commercial Officer would be leaving the company. In addition, the company announced that it would lower its adjusted operating margin guidance.
On this news, American Airlines’ share price fell 13.5% on May 29, 2024.
WHY ROSEN LAW: We encourage investors to select qualified attorneys with a track record of success in leadership roles. Often, the firms filing lawsuits do not have comparable experience, resources, or significant peer recognition. Many of these firms do not litigate securities class actions. Choose your attorneys carefully. The Rosen Law Firm represents investors around the world and focuses on securities class actions and shareholder litigation involving derivative securities. The Rosen Law Firm has achieved the largest settlement in a class action against a Chinese company. The Rosen Law Firm was ranked No. 1 in 2017 by ISS Securities Class Action Services for number of securities class action settlements. The firm has been ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm recovered over $438 million for investors. In 2020, founding partner Laurence Rosen was named a Titan of Plaintiffs’ Bar by law360. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
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Contact information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Law Firm of Rosen, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
