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NYSE: LUV Shareholder Notice: Deadline on April 20th coming up in Lawsuit against Southwest Airlines Co.

03-25-2020 06:51 PM CET | Politics, Law & Society

Press release from: Shareholders Foundation

A Deadline is coming up on April 20, 2020 in the lawsuit for certain investors in Southwest Airlines Co. (NYSE: LUV).

A Deadline is coming up on April 20, 2020 in the lawsuit for certain investors in Southwest Airlines Co. (NYSE: LUV).

A deadline is coming up on April 20, 2020 in the lawsuit filed for certain investors of Southwest Airlines Co. (NYSE: LUV) over alleged securities laws violations by Southwest Airlines Co.

Investors who purchased shares of Southwest Airlines Co. (NYSE: LUV) have certain options and there are strict and short deadlines running. Deadline: April 20, 2020. NYSE: LUV stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of Texas the plaintiff alleges on behalf of purchasers of Southwest Airlines Co. (NYSE: LUV) common shares between February 7, 2017, and June 25, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 7, 2017, and June 25, 2019, 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 shares of Southwest Airlines Co. (NYSE: LUV) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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