Class Action Lawsuit Filed Against American Airlines Group Inc

New York, NY – The Rosen Law Firm has initiated a class action lawsuit on behalf of investors who purchased securities of American Airlines Group Inc. (NASDAQ: AAL) between January 25, 2024, and May 28, 2024. The firm is urging affected investors to consider serving as lead plaintiffs, with a deadline set for September 16, 2024, to file their motions in court. The lawsuit alleges that during the specified Class Period, American Airlines executives made overly optimistic statements regarding the company’s new sales and distribution strategy. These claims suggested that the strategy would not only reduce internal expenses but also significantly boost demand for the airline's services. Investors who acquired shares during this timeframe may be eligible for compensation without incurring any out-of-pocket costs, as the Rosen Law Firm operates on a contingency fee basis. Rosen Law Firm, recognized for its expertise in securities class actions, has a strong track record, having been ranked No. 1 by ISS Securities Class Action Services for the number of settlements achieved in 2017. The firm has consistently ranked among the top four firms in this area since 2013, recovering hundreds of millions of dollars for investors. Interested parties can join the class action by visiting the Rosen Law Firm's website or contacting attorney Phillip Kim for further information. It is important to note that no class has been certified yet, and investors have the option to select their own legal counsel.