RADNOR, Pa., Sept. 11, 2024 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP<\/a> (www.ktmc.com<\/a>) 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. (\u201cAmerican Airlines\u201d) (NASDAQ: AAL<\/a>) on behalf of investors who purchased or acquired American Airlines\u2019s securities between July 20, 2023 and May 28, 2024, inclusive (the \u201cClass Period\u201d). The lead plaintiff deadline is September 16, 2024.<\/strong><\/p>\n CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:<\/strong> Please CLICK HERE<\/strong><\/a> to view our video or copy and paste this link into your browser: https:\/\/youtu.be\/rA7WZ2qpe84<\/strong><\/a><\/p>\n You can also contact attorney <\/strong>Jonathan Naji, Esq.<\/strong><\/a> by calling (484) 270-1453 or by email at <\/strong>info@ktmc.com<\/strong><\/a>. <\/strong><\/p>\n DEFENDANTS\u2019 ALLEGED MISCONDUCT:<\/strong> THE LEAD PLAINTIFF PROCESS:<\/strong> Kessler Topaz Meltzer & Check, LLP<\/a> encourages American Airlines investors who have suffered significant losses to contact the firm directly to acquire more information.<\/p>\n CLICK HERE<\/strong><\/a> TO SIGN UP FOR THE CASE<\/strong> OR GO TO:<\/strong> https:\/\/www.ktmc.com\/new-cases\/american-airlines-group-inc?utm_source=PR&utm_medium=link&utm_campaign=aal&mktm=r<\/a><\/p>\n ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0
If you suffered American Airlines losses, <\/strong>you may<\/strong> CLICK HERE<\/strong><\/a> or go to: <\/strong>https:\/\/www.ktmc.com\/new-cases\/american-airlines-group-inc?utm_source=PR&utm_medium=link&utm_campaign=aal&mktm=r<\/a><\/p>\n
The complaints allege that, throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) the new distribution capability sales strategies that American Airlines adopted were not sustainable because they alienated travel agencies and the corporate customers who were among the airlines\u2019 highest spending customers, drove away lucrative corporate customers, and ultimately diminished American Airlines\u2019 s revenues; and (2) as a result, American Airlines\u2019s business metrics and financial prospects were not as strong as indicated in the company\u2019s statements made during the Class Period.<\/p>\n
American Airlines investors may, no later than September 16, 2024,<\/u><\/em><\/strong> seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP<\/a> or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.\u00a0 The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.<\/p>\n
Kessler Topaz Meltzer & Check, LLP<\/a> prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP<\/a> please visit www.ktmc.com<\/a>.<\/p>\n
![](\"https:\/\/ml.globenewswire.com\/media\/YzNjYjg1MjYtNWE5YS00MGRlLWEwYmYtYzUzY2Q3NTU0NWFmLTEwMzA4ODU=\/tiny\/Kessler-Topaz-Meltzer-Check-LL.png\")
\n <\/div>\n","protected":false},"excerpt":{"rendered":"