Logo
BusinessBusiness

Cantor Fitzgerald has boosted its damages claim in the Sept. 11 terror attacks by more than $1 billion to cover lost profits after two-thirds of its work force perished in the World Trade Center collapse.

The financial services firm — which initially sought only $102.5 million — demanded the eye-popping amount “on the eve of mediation” last year, according to a new Manhattan federal court filing.

Defendant American Airlines — whose Flight 11 crashed into the north tower — will seek to have the “dramatic increase” dismissed on grounds that it’s a “disguised wrongful death claim” with no basis in law, the court papers say.

A Cantor spokesman declined to comment.

Cantor’s claim was revealed in an agreement to settle $6 billion worth of property-damage suits filed by 80 businesses, including the former Windows on the World restaurant, World Trade Center Farmers Market and numerous insurance companies.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy