American Airlines Group, Inc. (AAL) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of American Airlines Group, Inc. (“American Airlines” or “the Company”) (NASDAQ: AAL). Investors who purchased American Airlines securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/AAL.

Investigation Details:

On May 28, 2024, after the market closed, American Airlines announced the departure of its Chief Commercial Officer and lowered its guidance. In an industry conference the following day, May 29, 2024, American Airlines’ Chief Executive Officer stated that the Company’s “expectation for domestic performance has worsened materially since [it] provided guidance in April” and that its lowered guidance “is largely due to a softer domestic environment than [the Company was] expecting and [its] performance within that environment.” On this news, American Airlines’ stock price fell $1.82 per share, or 13.54%, to close at $11.65 per share on May 29, 2024.

What’s Next?

If you are aware of any facts relating to this investigation or purchased American Airlines securities, you can assist this investigation by visiting the firm’s site: bgandg.com/AAL. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.