InvestorsHub Logo
Followers 1
Posts 72
Boards Moderated 0
Alias Born 10/01/2017

Re: jdd21 post# 34371

Friday, 10/26/2018 1:35:28 AM

Friday, October 26, 2018 1:35:28 AM

Post# of 36850
I don't know how long this is going to drag out.

Back in 2017, I thought we'd see the end of all the lawsuits but Alas!! the union (specifically TWU and the local 514) managed to drag it out till today. And we are nearing the end of 2018, mind you!

TWU is the bottleneck here.

(a) The pilots have theirs dismissed (supplement "B" for $650 mm)

(b) The flight attendants lost their case too (APFA Grievance Claims
Proofs of Claim Nos. 9755–9774 - $6.38 billion)

(c) the section 1114 committee of retired employees have their adversary case dismissed too ($5.5 billion)

(d) the EEOC (equal employment opportunity commission) case dismissed as well ($1.5 billion + $9.9 billion = $11.4 billion)

Incredible!

TWU made appeals after appeals, modifications after modifications to their lawsuits ...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AAL News