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EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Allegiant Travel Company – ALGT

2018-04-17 10:22 ET - News Release


NEW YORK -- (Business Wire)

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Allegiant Travel Company (NASDAQ:ALGT) resulting from allegations that Allegiant may have issued materially misleading business information to the investing public.

On April 15, 2018, CBS aired a 60 Minutes report revealing that Allegiant aircraft have experienced “an alarming number of aborted takeoffs, cabin pressure loss, emergency descents, and unscheduled landings.” The report also revealed that “Allegiant’s maintenance department tries to talk pilots out of reporting problems with their aircraft to avoid delays and keep the planes moving.” On this news, shares of Allegiant fell $4.65 per share or over 3% to close at $146.40 per share on April 16, 2018.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Allegiant investors. If you purchased shares of Allegiant please visit the firm’s website at http://www.rosenlegal.com/cases-1325.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was ranked No. 1 in the Nation for Number of Securities Class Action Settlements in 2017. The firm has been ranked in the Top 3 each year since 2013.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
zhalper@rosenlegal.com
www.rosenlegal.com

Contacts:

Rosen Law Firm
866-767-3653
Phillip Kim
pkim@rosenlegal.com
or
Zachary Halper
zhalper@rosenlegal.com

Source: Rosen Law Firm

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