NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against Allegiant Travel Company (NASDAQ: ALGT). Our investigation concerns whether Allegiant has violated the federal securities laws and/or engaged in other unlawful business practices.
On Sunday April 15, CBS’s “60 Minutes” aired a segment that detailed a high number of what the program called “midair breakdowns” at the budget carrier. According to the report, “Public documents show an alarming number of aborted takeoffs, cabin-pressure loss, emergency descents and unscheduled landings.”
Following this news, shares of Allegiant fell $4.65 per share, or almost 3.1%, to close at $146.40 on April 16, 2018.
If you purchased or otherwise acquired Allegiant shares and suffered a loss, continue to hold shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Allegiant Travel Company, please go to http://www.bespc.com/algt. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.