United Airlines Reaches $30M Settlement With Quadriplegic Man It Treated Badly: Details
Portfolio Pulse from Shivani Kumaresan
United Airlines Holdings Inc (NASDAQ:UAL) has agreed to a $30 million settlement with the family of a quadriplegic man who suffered significant brain damage after an incident while deplaning. The incident led to a cardiac arrest and reduced the man's life expectancy. The settlement includes $12 million for legal fees and $3 million for other expenses.
August 24, 2023 | 2:08 pm
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United Airlines' $30 million settlement could impact its financials in the short term. The news could also affect the company's reputation, potentially influencing its stock price.
The $30 million settlement is a significant expense for United Airlines and could impact its financial performance in the short term. Additionally, the negative publicity from the incident could harm the company's reputation, which could potentially influence its stock price.
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