AAL Investors Have the Opportunity to Lead American Airlines Group Inc. Securities Fraud Lawsuit with the Schall Law Firm
The Californer/10286873

LOS ANGELES, July 29, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against American Airlines Group Inc. ("American Airlines" or "the Company") (NASDAQ: https://www.prnewswire.com/news-releases/#finan..." rel="nofollow">AAL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between January 25, 2024 and May 28, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before September 16, 2024.

If you are a shareholder who suffered a loss, click here to participate.

More on The Californer

• Inclusive Hip-Hop Dance Class with Culture Shock Celebrates Movement Without Limits
• Long Beach: El Dorado Nature Center to Hold New Year, New Use Recycling Drive
• UK Financial Ltd Executes Compliance Tasks Ahead Of First-Ever ERC-3643 Exchange-Traded Token, SMCAT & Sets Date For Online Investor Governance Vote
• "Has Your Book Been Suppressed?" Widespread Censorship by Amazon, Google, and Meta
• TheOneLofi2: New Home for Chill Lo-Fi Hip Hop Beats Launches on YouTube

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. American Airlines made repeated positive statements about its newly implemented sales and distribution strategy to reduce expenses while also increasing consumer demand. In fact, the Company's new strategy was failing to drive increased revenue. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about American Airlines, investors suffered damages.

More on The Californer

• Long Beach Health Department Announces Conclusion of Healthy Active Long Beach Program Following Loss of Federal Funding
• Eric Galuppo Highlights Structural Growth Risk Facing Service Companies
• City of Long Beach Invites Public to Share Their Priorities for the 2027 City Budget at Upcoming Community Meetings
• Eric Bellinger Hosts Second Annual Christmas Hoopathon Benefiting Underserved Youth
• ECMG Releases Doom to the World: A Cthulhu Holiday Album (Volume 1)

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE The Schall Law Firm

---

Show All News | Report Violation