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American Airlines Group Inc. (NASDAQ: AAL) SECURITIES FRAUD INVESTIGATION

On May 28, 2024, after the market closed, American Airlines announced that its CCO was departing and that the company was lowering its guidance. In an industry conference the following day, May 29, 2024, American Airlines’s CEO stated that the company’s “expectation for domestic performance has worsened materially since [it] provided guidance in April,” and that the revision “is largely due to a softer domestic environment than [the Company was] expecting and [its] performance within that environment.” 

On this news, American Airlines’s stock price fell $1.82, or 13.5%, to close at $11.62 per share on May 29, 2024. 

If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP:  Jonathan Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com.  

Complete this form with your transactions in American Airlines Group Inc. securities between January 25, 2024 and May 28, 2024

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