NEW ORLEANS--(BUSINESS WIRE)--ClaimsFiler, a FREE shareholder information service, reminds investors 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.
Allegiant investors should visit us at https://www.claimsfiler.com/cases/view-allegiant-travel-company-securities-litigation or call to speak to our claim center toll-free at (844) 367-9658.
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.
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