MONDAY DEADLINE REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ryanair Holdings plc & Encourages ...
January 03 2019 - 09:10AM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces that it is investigating claims on behalf of
investors of 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.
The investigation focuses on whether the Company issued false
and/or misleading statements and/or failed to disclose information
pertinent to investors. 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.
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.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190103005196/en/
The Schall Law FirmBrian Schall, Esq.Sherin Mahdavian,
Esq.310-301-3335info@schallfirm.comwww.schallfirm.com
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