Morgan & Morgan is Investigating United Continental Holdings, Inc. - UAL

NEW YORK, Sept. 22, 2015 /PRNewswire/ -- Morgan & Morgan is currently investigating whether certain officers and directors of United Continental Holdings, Inc. ("United") (NYSE: UAL) violated federal and state laws in connection with the company's potential conflicts of interest. 

In February 2015, United learned of a federal probe into its relationship with David Samson, a former chairman of the Port Authority of New York and New Jersey (the "Port Authority"). In 2011, United was pushing for massive improvements to the Newark Liberty airport, where it is the largest carrier, when David Samson became chairman of the Port Authority, which operates all New York-area airports.

After Jeff Smisek, United's CEO, and Samson had dinner in Manhattan, United launched the low-traffic Newark-Columbia route. The money losing direct flight, which left Newark on Thursday and returned Monday, was canceled days after Samson resigned from his post last year.

On September 8, 2015, United announced that Smisek, and two other top executives were leaving the company in connection with internal and federal investigations associated with the Port Authority.

If you currently own shares in United and want to receive additional information concerning this investigation, contact Morgan & Morgan at 1(800) 732-5200 or email [email protected].

About Morgan & Morgan

Morgan & Morgan is one of the nation's largest law firms specializing in representing Plaintiffs. In addition to shareholder rights, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Morgan & Morgan
Roger A. Sachar, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
(800) 732-5200
[email protected]

SOURCE Morgan & Morgan

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