Recent Security Class Actions

Ryanair Holdings plc American Depositary Shares (NASDAQ: RYAAY)

Company Name:Ryanair Holdings plc American Depositary Shares
Stock Symbol:NASDAQ: RYAAY
Class Period Start:05/30/2017
Class Period End (inclusive):09/28/2018
Filing Deadline:01/05/2019

According to the Complaint, Ryanair is an airline operator based in Dublin, Ireland.

The Complaint alleges that during the Class Period, Defendants made false and misleading statements and/or failed to disclose adverse information regarding Ryanair's business and operations as a result of its aggressive anti-employee practices and opposition to employee collectivization efforts. Specifically, the Complaint alleges that Defendants misrepresented and/or failed to disclose, among other things, that Ryanair's labor relations had deteriorated in 2017 and 2018. As a result, the Company was experiencing increased employee turnover and was threatened with massive strikes and other disruptions across its operations, and its historical operating model and profit growth were not sustainable.