Cantor, American Airlines settle over 9/11 attacks

|About: American Airlines Group (AAL)|By:, SA News Editor

Cantor Fitzgerald has settled a lawsuit with American Airlines (AAL) and its insurers over what Cantor argued was American's negligence in failing to stop the 9/11 attacks on the World Trade Center, when 658 of the firm's 960 employees were killed.

The amount to be paid wasn't disclosed; Cantor had originally sought $1.1B but later cut that figure to $400-500M.