SPIRIT AVIATION HOLDINGS (US TRADING VENUE: FLYYQ)
13 Days left to seek lead plaintiff status.
The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding Spirit's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Spirit was at substantial risk of being unable to meet certain of its debt and other financial obligations; (ii) Spirit was also at substantial risk of being forced to file for Chapter 11 bankruptcy protection within a mere matter of months; (iii) accordingly, Defendants had overstated enhancements to Spirit's financial condition, liquidity, and overall business and operations, while simultaneously downplaying the negative impacts of adverse market conditions on the same; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times.