LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Allegiant Travel Company (“Allegiant” or ''the Company'') (Nasdaq: ALGT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between June 8, 2015 and April 13, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before June 25, 2018.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, Allegiant made materially false and misleading statements during the class period. The suit alleges that Allegiant did not have appropriate processes, procedures, and systems in place to ensure proper maintenance of its aircraft. As a result, Allegiant was not operating its aircraft in a responsible or ethical manner, and failed to provide a safe working environment for employees. According to the lawsuit, when these facts entered the market, investors suffered damages.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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