VLRS INVESTOR ALERT: Law Offices of Howard G. Smith Reminds Investors of the Lead Plaintiff Deadline in the Class Action Laws...
2015年4月16日 - 11:30PM
ビジネスワイヤ(英語)
Law Offices of Howard G. Smith reminds investors of Volaris
Aviation Holding Company (“Volaris” or the “Company”) (NYSE: VLRS)
who purchased the Company’s American Depositary Shares pursuant
and/or traceable to the Company’s initial public offering (“IPO”),
on or about September 18, 2013, have until April 27, 2015 to file a
motion to be appointed as lead plaintiff in the shareholder lawsuit
filed in the United States District Court for the Southern District
of New York.
If you wish to learn more about this action, please contact
Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070
Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone
at (215) 638-4847, toll-free at (888) 638-4847, or by email to
howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com. If you are a member of the Class
described above, you may move the Court no later than April 27,
2015, to serve as lead plaintiff, if you meet certain legal
requirements. To be a member of the Class, you need not take any
action at this time; you may retain counsel of your choice or take
no action and remain an absent member of the Class.
Volaris is a Mexico City-based provider of air transportation
services for passengers, cargo, and mail in Mexico and
internationally. The Complaint alleges that the Company’s
Registration Statement filed in connection with its IPO failed to
disclose certain material events, including financial effects
resulting from a change in the Company’s airline reservation system
and an expansion of competition in the Tijuana and Guadalajara,
Mexico markets, which was having an adverse effect on the Company’s
revenues and profit margins at the time of the IPO. As a result,
the financial information reported in the Registration Statement
was not indicative of Volaris’s future operating results. Investors
who purchased Volaris shares suffered damages after the Company’s
shares sharply declined in value shortly after the IPO.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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