Shareholders Foundation, Inc.

Investigation for Investors in Shares of Allegiant Travel Company (NASDAQ:ALGT) over Potential Wrongdoing

An investigation on behalf of investors in Allegiant Travel Company (NASDAQ:ALGT) shares over potential wrongdoing at Allegiant Travel Company was announced and NASDAQ:ALGT stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 09/14/2016 -- An investigation on behalf of investors in shares of Allegiant Travel Company (NASDAQ:ALGT) was announced concerning possible breaches of fiduciary duties by certain officers and directors at Allegiant Travel Company.

Investors who purchased shares of Allegiant Travel Company (NASDAQ:ALGT) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Allegiant Travel Company officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Allegiant Air LLC reportedly recently drew the FAA's attention over safety concerns.

Allegiant Travel Company reported that its annual Total Revenue rose from over 1.13 billion in 2014 to over $1.26 billion in 2015 and that its Net Income increased from $86.69 million in 2014 to $220.37 million in 2015. Shares of Allegiant Travel Company (NASDAQ:ALGT) declined from as high as $232.87 per share in August 2015 to as low as $121.70 per share in August 2016.

On September 13, 2016, NASDAQ:ALGT shares closed at $138.66 per share.

Those who purchased shares of Allegiant Travel Company have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com