BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its 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.
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.
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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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