Recent Security Class Actions

Southwest Airlines Company Common Stock (NYSE: LUV)

Company Name:Southwest Airlines Company Common Stock
Stock Symbol:NYSE: LUV
Class Period Start:02/04/2020
Class Period End (inclusive):03/14/2023
Filing Deadline:03/13/2023

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) Southwest Airlines continuously downplayed or ignored the serious issues with the technology it used to schedule flights and crews, and how it stood to be affected worse than other airlines in the event of inclement weather; (2) Southwest Airlines did not discuss how it's unique point-to-point service and aggressive flight schedule could leave it prone in the event of inclement weather; and (3) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.