Cantor Fitzgerald, American Airlines Reach $135M 9/11 Deal

By Benjamin Horney (December 17, 2013, 7:49 PM EST) -- Cantor Fitzgerald & Co. on Tuesday reportedly disclosed a $135 million settlement with American Airlines Inc. and its insurers in Cantor's suit seeking recovery of losses from the 9/11 attacks on the World Trade Center.

The $135 million settlement, which was revealed to U.S. District Judge Alvin K. Hellerstein in New York federal court Tuesday, will end what is the final airline-centered case stemming from the 2001 attacks, the Associated Press reported. With a settlement reached, a trial scheduled for next month in the case will be canceled — which Judge Hellerstein said means that questions such as how terrorists got...

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