INVESTOR ALERT: Kaplan Fox Announces Investigation Of Allegiant Travel Company

NEW YORK, April 17, 2018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating Allegiant Travel Company  ("Allegiant" or the "Company") (NASDAQ: ALGT) concerning potential securities law violations.  Investors who purchased Allegiant securities may be affected.

On Friday, April 13, 2018, multiple news sources reported that Allegiant Air, a wholly owned subsidiary of Allegiant, was going to be the subject of a "60 Minutes" segment on Sunday's show pertaining to the Company's "in-flight breakdowns."  Following this news, Allegiant's shares declined by $14.20 per share, or about 8.6%, to close at $151.05 per share on April 13, 2018.

On Sunday, April 15, 2018, CBS's "60 Minutes" aired the segment about Allegiant Air, which reportedly described multiple safety incidents involving the Company's aircraft.  On the first trading day following this news, Allegiant's shares fell $4.65 per share, or about 3.1%, to close at $146.40 per share on April 16, 2018. 

If you are an investor in Allegiant and would like to discuss our investigation, please contact us by emailing [email protected] or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, the action, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: [email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400 
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
E-mail: [email protected]

SOURCE Kaplan Fox & Kilsheimer LLP

Related Links

http://www.kaplanfox.com