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.
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