WingNaPrayer
Veteran
Anyone have any intimate knowledge regarding AA's share of the settlement rumored to be close to $1B?
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BALTIMORE (AP) --Five families who lost relatives in the 2001 terrorist attacks have settled their negligence lawsuit against AMR Corp.'s (AMR) American Airlines, Boeing Co. (BA), and a passenger screening company, a lawyer said.
The families refused money from the Victim Compensation Fund, which was created by Congress to protect airlines from a barrage of litigation, so they could pursue the lawsuit and highlight airport security failures.
The amount of the financial settlement is confidential, but "substantial," Keith Franz, a lawyer who represents four Maryland families who lost relatives at the Pentagon, said Tuesday. "The families feel completely vindicated by their decision."
FULL STORY LINK
___________________________________________
BALTIMORE (AP) --Five families who lost relatives in the 2001 terrorist attacks have settled their negligence lawsuit against AMR Corp.'s (AMR) American Airlines, Boeing Co. (BA), and a passenger screening company, a lawyer said.
The families refused money from the Victim Compensation Fund, which was created by Congress to protect airlines from a barrage of litigation, so they could pursue the lawsuit and highlight airport security failures.
The amount of the financial settlement is confidential, but "substantial," Keith Franz, a lawyer who represents four Maryland families who lost relatives at the Pentagon, said Tuesday. "The families feel completely vindicated by their decision."
FULL STORY LINK
