NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, a global investor rights firm, reminds purchasers of the securities of Volaris Aviation Holding Company (NYSE:VLRS) pursuant and/or traceable to the Company’s IPO on or about September 18, 2013 of the important April 27, 2015 lead plaintiff deadline in the class action. The lawsuit seeks to recover investors’ losses under the federal securities laws.
To join the Volaris class action, visit the firm’s website at http://www.rosenlegal.com/cases-515.html, or contact Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
According to the lawsuit, the Company’s Registration Statement failed to disclose certain material events known to defendants that rendered the Registration Statement materially false and misleading. The alleged misstatements and omissions include: (1) the financial effects ensuing from a change in the Company’s airline reservation system; and (2) an expansion of competition in the Tijuana and Guadalajara, Mexico markets, which was having a material adverse effect on the Company’s revenues and profit margins at the time of the IPO.
If you wish to serve as lead plaintiff, you must move the Court no later than April 27, 2015. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-515.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll-free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.