United Continental Holdings, Inc.
Robbins Arroyo LLP Is Investigating United Continental Holdings, Inc. (UAL) Officials on Behalf of Shareholders
Robbins Arroyo LLP is 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.
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, or you can complete the form below and we will contact you directly.