Deadline in Lawsuit for Investors in shares of Mesa Air Group, Inc. (NASDAQ: MESA) on June 1st coming up

The Shareholders Foundation announced that a deadline is coming up on June 1, 2020 in the lawsuit filed for certain investors of Mesa Air Group, Inc. (NASDAQ: MESA) over alleged securities laws violations by Mesa Air Group, Inc.

Investors who purchased shares of Mesa Air Group, Inc. (NASDAQ: MESA) have certain options and there are strict and short deadlines running. Deadline: June 1, 2020. NASDAQ: MESA 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 District of Arizona the plaintiff alleges on behalf of purchasers of Mesa Air Group, Inc. (NASDAQ: MESA) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Registration Statement that was issued in connection with Mesa's August 2018 IPO featured false and/or misleading statements and/or failed to disclose that Mesa Air Group's operational performance was poor and below industry standards, that Mesa Air Group had a shortage of qualified mechanics and maintenance personnel, that Mesa Air Group had an inadequate number of spare aircraft and parts, that Mesa Air Group did not have a strong track record of reliable performance, that then-existing "risks" had already materialized, that Mesa Air Group knew of undisclosed adverse trends and uncertainties at the time of the IPO, and that as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Those who purchased shares of Mesa Air Group, Inc. (NASDAQ: MESA) 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.

This release was published on openPR.