Company Website:
http://kmllp.com
NEW YORK -- (Business Wire)
The law firm of Kirby
McInerney LLP is investigating potential claims against Allegiant
Travel Company (NASDAQ:ALGT). The investigation concerns whether
Allegiant has violated the federal securities laws and/or engaged in
other unlawful business practices.
On April 15, 2018, Allegiant was featured on CBS’s “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. According to the report, “Public
documents show an alarming number of aborted takeoffs, cabin-pressure
loss, emergency descents and unscheduled landings.” On this news, shares
of Allegiant fell significantly from $151.05 to close at $146.40 on
April 16, 2018, thereby injuring investors.
If you purchased or otherwise acquired Allegiant securities, have
information or would like to learn more about these claims, please
contact Thomas
W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at telrod@kmllp.com,
or by filling
out this contact form to discuss your rights or interests with
respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, whistleblower and consumer
litigation. The firm’s efforts on behalf of shareholders in securities
litigation have resulted in recoveries totaling billions of dollars.
Additional information about the firm can be found at Kirby McInerney
LLP’s website: http://www.kmllp.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180418006384/en/
Contacts:
Kirby McInerney LLP
Thomas W. Elrod, 212-371-6600
http://www.kmllp.com
telrod@kmllp.com
Source: Kirby McInerney LLP
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