|Company name||Allegiant Travel Company|
NEW YORK, April 17, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Allegiant Travel Company (NASDAQ: ALGT). Our investigation concerns whether Allegiant has violated the federal securities laws and/or engaged in other unlawful business practices.
On Sunday April 15, CBS’s “60 Minutes” aired a segment that detailed a high number of what the program called “midair breakdowns” at the budget carrier. According to the report, “Public documents show an alarming number of aborted takeoffs, cabin-pressure loss, emergency descents and unscheduled landings.”
Following this news, shares of Allegiant fell $4.65 per share, or almost 3.1%, to close at $146.40 on April 16, 2018.
If you purchased or otherwise acquired Allegiant shares and suffered a loss, continue to hold shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.