Robbins Arroyo LLP Is Investigating United Continental Holdings, Inc. (UAL) Officials on Behalf of Shareholders
SAN DIEGO and CHICAGO, Sept. 10, 2015 /PRNewswire/ -- Shareholder rights attorneys at Robbins Arroyo LLP are investigating whether certain officers and directors of United Continental Holdings, Inc. (NYSE: UAL) violated federal and state laws in connection with the company's potential conflicts of interest. United, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America.
View this press release on the law firm's Shareholder Rights Blog:
www.robbinsarroyo.com/shareholders-rights-blog/united-continental-holdings-inc
United Replaces its Top Executives Amid Multiple Investigations
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"). News reports have said that the probe focuses on whether United added a direct flight between Newark, New Jersey and Columbia, South Carolina, to accommodate Samson, who has a summer home in Columbia. The route was canceled shortly after Samson resigned last year. United, the dominant airline at Newark Liberty International Airport, was negotiating with the Port Authority over projects at the airport at the same time. On September 8, 2015, United announced that its Chief Executive Officer, Jeff Smisek, and two other top executives were leaving the company in connection with internal and federal investigations associated with the Port Authority.
United Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, [email protected], or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to www.robbinsarroyo.com.
Attorney Advertising. Past results do not guarantee a similar outcome.
Contact:
Darnell R. Donahue
Robbins Arroyo LLP
[email protected]
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com
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SOURCE Robbins Arroyo LLP
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