Press release
Investigation announced for long term investors in shares of Spirit Aviation Holdings, Inc. (OTC: FLYYQ) over potential Wrongdoing
An investigation on behalf of current long term investors in Spirit Aviation Holdings, Inc. (OTC: FLYYQ) shares.
Investors who are current long term investors in Spirit Aviation Holdings, Inc. (OTC: FLYYQ) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in OTC: FLYYQ stocks follows a lawsuit filed against Spirit Aviation Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in OTC: FLYYQ stocks, concerns whether certain Spirit Aviation Holdings, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of Florida the plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Spirit Aviation Holdings, Inc. was at substantial risk of being unable to meet certain of its debt and other financial obligations, that Spirit Aviation Holdings, Inc. was also at substantial risk of being forced to file for Chapter 11 bankruptcy protection within a mere matter of months, that accordingly, Defendants had overstated enhancements to Spirit's financial condition, liquidity, and overall business and operations, while simultaneously downplaying the negative impacts of adverse market conditions on the same, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.
Those who purchased shares of Spirit Aviation Holdings, Inc. (OTC: FLYYQ) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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