American Airlines lawyers, after $1 antitrust win, seek 'very substantial' fees [Reuters]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
americanairlines.gcs-web.com/investor-relations
Company Research
Source: Reuters
(Reuters) - American Airlines Group Inc is vying to recoup more than a decade of "substantial" legal fees from Sabre Corp after winning a $1 antitrust verdict at trial in May against the flight booking service. Lawyers for American at the U.S. law firm O'Melveny & Myers on Friday argued in a filing in Manhattan federal court that the Fort Worth, Texas-based air carrier should be awarded fees after 11 years of litigation. Neither side appealed the jury trial verdict. U.S. District Judge Lorna Schofield must first decide whether American is entitled to fees at all. American's filing did not identify an amount, but O'Melveny partner Andrew Frackman previously in court described it as "very, very substantial." American's fees could be expected to be at least tens of millions of dollars, given the length of the litigation, which included two trials and an appeal. An experienced partner at O'Melveny can bill at $1,200 or more hourly, U.S. court records in other cases show. Averag
Show less
Read more
Impact Snapshot
Event Time:
AAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAL alerts
High impacting American Airlines Group, Inc. news events
Weekly update
A roundup of the hottest topics
AAL
News
- Is a Beat in Store for American Airlines (AAL) in Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- American Airlines (AAL) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- American Airlines (AAL) Expected to Beat Earnings Estimates: Can the Stock Move Higher? [Yahoo! Finance]Yahoo! Finance
- These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar [Yahoo! Finance]Yahoo! Finance
- American Airlines adds new Canadian destination from Charlotte Douglas Airport [Yahoo! Finance]Yahoo! Finance
AAL
Earnings
- 1/25/24 - Miss
AAL
Sec Filings
- 4/11/24 - Form PRE
- 3/12/24 - Form 8-K
- 3/5/24 - Form 8-K
- AAL's page on the SEC website