World Trade Center Firm Says Terror Attack Cost It $1B
A financial firm that lost more than 650 employees in the Sept. 11 terror attacks says it also took a $1 billion financial hit.
Cantor Fitzgerald said in a recent in a court filing that it estimates that it suffered $1 billion in lost profits because of the deaths of two-thirds of its work force at the World Trade Center.
The claim was revealed in conjunction with a legal dispute between several businesses and American Airlines over damages related to the attacks.
A Cantor spokesman declined to comment.
The airline says the company is asking for too much.
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- Deep Freeze Will Send Some US Temperatures Plunging
- He Saved the Chocolates But Lost His Workers’ Compensation Insurance
- Collision Claim Trends to Watch in 2025
- AT&T, Verizon Say Networks Now Clear After Salt Typhoon Hack
Popular This Month
- The Rising Insurance Costs of Electric Vehicles: A Specialized Challenge
- AccuWeather’s 2024 White Christmas Forecast Calls for Snow in More Areas
- The End of the ‘Rust’ Criminal Case Against Alec Baldwin May Unlock a Civil Lawsuit
- Mississippi High Court Tells USAA to Pay up in Hurricane Katrina Bad-Faith Claim