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Financial services company Cantor Fitzgerald and American Airlines Group Inc., along with American Airlines’ insurers, have agreed to a $135 million settlement over alleged airline negligence concerning the Sept. 11, 2001, attacks on the World Trade Center.
Cantor Fitzgerald had claimed in a lawsuit that American Airlines was negligent in allowing five hijackers to board Flight 11 on 9/11. The company had offices in the north tower of the World Trade Center and lost 658 employees in the attack. In the lawsuit, Cantor Fitzgerald sought property damages as well as compensation for business interruption from American Airlines.