American Airlines jets at Miami International Airport. Photo: J. Albert Diaz/ALM Class Action Claims American Airlines Implemented 'Unsustainable' Sales Plan Causing Stock to Tank
This complaint was first surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts.
August 30, 2024 at 11:59 AM
4 minute read
American Airlines Group and six executives were hit with a securities class action in a Texas federal court this week, accusing the airliner of falsely marketing new sales strategies as profitable and concealing the fact that those strategies were unsustainable.
This complaint was first surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.
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