Cantor Fitzgerald, American Airlines To Settle 9/11 Row

Law360, New York (December 13, 2013, 4:28 PM EST) -- Cantor Fitzgerald & Co. agreed to settle a suit against American Airlines and its insurers seeking recovery of losses from the 9/11 attacks on the World Trade Center, both companies disclosed Thursday in New York federal court.

Cantor had accused American Airlines of negligence and was seeking damages from the attacks, which destroyed its offices and property and killed hundreds of its employees. The case was scheduled to go to trial next month after nearly a decade. The amount of the settlement has not yet been disclosed....
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