Man sues American Airlines for revoking his lifetime travel pass

A man from Chicago is suing American Airlines for $7 million after the airline allegedly revoked his lifetime travel pass back in December.

Steven Rothstein paid $250,000 back in 1987 for lifetime, first class travel aboard AA and a few years later ponied up another $150,000 for the right to bring a companion along.

In December, AA revoked the travel pass, saying Rothstein was fraudulently using his passes to make reservations for his friends.

Why is Rothstein suing for $7 million? He says since AA no longer sells lifetime tickets, the alternative cost for buying first class tickets for the rest of his life would be worth about $7 million.