Lawsuit for Investors in shares of Southwest Airlines Co. (NYSE: LUV) announced by Shareholders Foundation
SAN DIEGO, CA, April 7, 2020 (Newswire.com) - The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in Southwest Airlines Co. (NYSE:LUV) shares.
Investors, who purchased shares of Southwest Airlines Co. (NYSE:LUV), have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.
The plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that Southwest's operations were non-compliant with government maintenance and safety regulations, that the foregoing issues were exacerbated by Southwest's undue influence over FAA officials and, consequently, lax regulatory oversight of the Company's operations, that all of the foregoing significantly increased the safety risks to passengers traveling on Southwest flights and heightened governmental scrutiny into the Company, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased Southwest Airlines Co. (NYSE:LUV) shares should contact the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
SOURCE: Shareholders Foundation, Inc.
Source: Shareholders Foundation, Inc.
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