AAL - Shareholder Alert: Robbins LLP Informs Stockholders of the Class Action Filed Against American Airlines Group Inc. (AAL) | Benzinga

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 in various other countries around the world.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: Robbins LLP is Investigating Allegations that American Airlines Group Inc. (AAL) Misled Investors Regarding its Distribution Strategy

The complaint alleges that during the class period defendants misrepresented the true state of the Company, namely, that the Company's sales and distribution strategy was not driving the revenue projected. Instead, it was driving customers away as the strategy and its attested poor execution made it more difficult for customers to access the Company's services.

The truth emerged after-market on May 28, 2024, when American reported the prompt termination of its Executive Vice President and Chief Commercial Officer, ...

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