IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ryanair Holdings plc & E...
November 12 2018 - 11:55PM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against
Ryanair Holdings plc (“Ryanair” or “the Company”) (NASDAQ: RYAAY)
for violations of §§10(b) and 20(a) of the Securities Exchange Act
of 1934 and Rule 10b-5 promulgated thereunder by the U.S.
Securities and Exchange Commission.
Investors who purchased the Company's American depositary
receipts between May 30, 2017 and September 28, 2018, inclusive
(the ''Class Period''), are encouraged to contact the firm before
January 7, 2019.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the Complaint, the Company made false and
misleading statements to the market. Ryanair’s labor relations
continued to worsen throughout the summer of 2018, despite the
Company claiming that it had improved the situation. Ryanair
admitted on July 23, 2018, that profits had dipped 20% due to a 34%
increase in staffing costs. The Company revealed on October 1,
2018, that strikes and flight cancellations affecting hundreds of
thousands of customers caused cost increases to the point that the
Company could not meet its profit projections. Based on these
facts, the Company’s public statements were false and materially
misleading throughout the class period. When the market learned the
truth about Ryanair, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181112005848/en/
The Schall Law FirmBrian Schall, Esq.,Sherin Mahdavian,
Esq.,www.schallfirm.com310-301-3335info@schallfirm.com
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