LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that it has commenced an investigation on behalf of Allegiant Travel Company (“Allegiant” or the “Company) (NASDAQ: ALGT) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the Allegiant investigation page on our website at www.glancylaw.com/case/allegiant-travel-company.
On April 15, 2018, Allegiant was featured on a 60 Minutes segment regarding safety and maintenance issues with the Company’s aircraft. 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.
On this news, Allegiant’s share price fell $4.65 per share, or 3%, to close at $146.40 per share on April 16, 2018, thereby injuring investors.
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If you purchased Allegiant securities, have information or 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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