The structure, spectroscopic parameters and width of the resonance with quantum numbers J PC ¼ 1 þþ discovered by the COMPASS Collaboration and classified as the a 1 ð1420Þ meson are examined in the context of QCD sum rule method. In the calculations the axial-vector meson a 1 ð1420Þ is treated as a fourquark state with the diquark-antidiquark structure. The mass and current coupling of a 1 ð1420Þ are evaluated using QCD two-point sum rule approach. Its observed decay mode a 1 ð1420Þ → f 0 ð980Þπ, and kinematically allowed ones, namely a 1 → K ÃAE K ∓ , a 1 → K Ã0K0 and a 1 →K Ã0 K 0 channels are studied employing QCD sum rules on the light-cone. Our prediction for the mass of the a 1 ð1420Þ state m a 1 ¼ 1416