PHILADELPHIA, PA / ACCESSWIRE / September 24, 2024 / Kehoe Law Firm, P.C. is investigating whether certain officers or directors of Delta Airlines, Inc. ("Delta" or "Delta Airlines") (NYSE:DAL) failed to manage Delta Airlines in an acceptable manner, in breach of their fiduciary duties to Delta and its shareholders, and whether Delta Airlines and its shareholders suffered harm.
INVESTORS OF DELTA AIRLINES STOCK CAN CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
On July 23, 2024, Axios.com reported that "[t]he U.S. Department of Transportation 'has opened an investigation into Delta Air Lines to ensure the airline is following the law and taking care of its passengers during continued widespread disruptions,' Transportation Secretary Pete Buttigieg wrote on X . . .."
On July 24, 2024, CNN.com reported that ". . . Delta Air Lines canceled hundreds more flights early Tuesday morning [July 23, 2024], as the problems caused by last week's global tech outage continued into a fifth day. Worse news: Delta's meltdown will probably extend through the end of the week."
According to CNN.com, "[t]he meltdown has ensnared an estimated half a million people, ruined holidays and travel plans and prompted a federal investigation - even as Delta flight cancellations and delays are ongoing and far outpacing issues at other carriers."
Additionally, CNN.com reported that "[a]s of 2pm ET the Atlanta-based airline had canceled 466 flights, and Endeavor Air, its regional carrier that feeds its system under the Delta Connection brand, had canceled another 28 flights. The cancellations follow more than 1,250 flight cancellations Monday, and 4,500 flights from Friday through Sunday between Delta and Delta connection."
INVESTORS OF DELTA AIRLINES ALSO CAN CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff-side class action law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
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SOURCE: Kehoe Law Firm P.C