A lawsuit was filed on behalf of investors in Allegiant Travel Company (NASDAQ:ALGT) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 05/08/2018 -- An investor, who purchased shares of Allegiant Travel Company (NASDAQ:ALGT), filed a lawsuit against Allegiant Travel Company over alleged violations of Federal Securities Laws.
Investors who purchased shares of Allegiant Travel Company (NASDAQ:ALGT) have certain options and for certain investors are short and strict deadlines running. Deadline: June 25, 2018. NASDAQ:ALGT investors should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The plaintiff claims that between June 8, 2015 through April 13, 2018 the defendants made false and/or misleading statements and/or failed to disclose that Allegiant Travel Company lacked adequate systems to ensure its aircraft were being properly maintained, that consequently, Allegiant Travel Company was not operating responsibly and ethically, and providing safe working conditions for its employees, and that as a result, defendants' public statements were materially false and misleading at all relevant times.
Las Vegas, NV based Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of under-served cities in the United States. On April 15, 2018, Allegiant Travel Company was featured on 60 Minutes to address aircraft safety and maintenance issues. 60 Minutes reported that Allegiant's planes are more likely than those of its competitors to have in-flight mechanical problems and described multiple safety incidents involving the Company's aircraft.
Those who purchased shares of Allegiant Travel Company (NASDAQ:ALGT) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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