NEW YORK, NY / ACCESSWIRE / December 30, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Southwest Airlines Co. (“Southwest” or the “Company”) (NYSE:LUV). Investors who purchased Southwest securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/luv.
The investigation concerns whether Southwest has violated federal securities laws.
On December 26, 2022, Business Insider published an article entitled “US Department of Transportation says it plans to look into Southwest Airlines following the airline’s ‘unacceptable’ holiday flight cancellations.” The article stated, among other things, that the “U.S. DOT tweeted Monday it will examine whether Southwest is abiding by its customer service policy[,]” and “Southwest canceled nearly 3,000 flights on the day after Christmas, the most of any U.S. airline.” On this news, Southwest’s stock fell $2.15 per share, or 5%, to close at $33.94 per share on December 27, 2022.
If you are aware of any facts relating to this investigation or purchasedSouthwest shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/luv. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz and Grossman, LLC
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