NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until June 25, 2018 to file lead plaintiff applications in a securities class action lawsuit against Allegiant Travel Company (NasdaqGS: ALGT). Investor losses must relate to purchases of the Company’s securities between June 8, 2015 and April 13, 2018. This action is pending in the United States District Court for the Central District of California.
What You May Do
If you purchased securities of Allegiant and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or visit https://www.ksfcounsel.com/cases/nasdaqgs-algt/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by June 25, 2018.
About the Lawsuit
On April 13, 2018, CBS News announced an impending exposé on a multitude of problems involving the Company’s safety record. On this news, Allegiant’s shares plummeted $14.20 closing at $151.05. The report was aired on April 15, 2018, revealing a host of serious mechanical incidents, insufficient infrastructure and personnel for proper maintenance of aircraft, and Allegiant’s involvement in discouraging reporting of safety problems. On this news, the price of Allegiant’s shares again dropped $4.65 to close at $146.40.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.