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LUV ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of March 13, 2023 in the Class Action Filed on Behalf of Southwest Airlines Co. Shareholders
News provided byThe Klein Law Firm
Jan 24, 2023, 5:45 AM ET
NEW YORK, Jan. 24, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Southwest Airlines Co. (NYSE: LUV) alleging that the Company violated federal securities laws.
Class Period: June 13, 2020 to December 31, 2022
Lead Plaintiff Deadline: March 13, 2023
No obligation or cost to you.
Learn more about your recoverable losses in LUV:
Southwest Airlines Co. NEWS - LUV NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Southwest Airlines Co. made materially false and/or misleading statements and/or failed to disclose that: (1) Southwest continuously downplayed or ignored the serious issues with the technology it used to schedule flights and crews and how the Company stood to be affected worse than other airlines in the event of inclement weather; and (2) the Company did not discuss how its unique point-to point service and aggressive flight schedule could leave it prone in the event of inclement weather; and (3) as a result, defendants' statements about Southwest's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Southwest you have until March 13, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Southwest securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the LUV lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/southwest-airlines-class-action-submission-form?id=35847&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
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SOURCE The Klein Law Firm