ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Spirit Aviation Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit - FLYYQ
Markets.Businessinsider.Com·2025-10-05 02:21

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Spirit Aviation Holdings, Inc. securities during the specified class period, indicating potential financial misrepresentation by the company [1][5]. Group 1: Class Action Details - The class action lawsuit is filed for securities purchased between May 28, 2025, and August 29, 2025, and interested parties must move to serve as lead plaintiff by December 1, 2025 [1][3]. - Investors who purchased Spirit Aviation securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Allegations Against Spirit Aviation - The complaint alleges that Spirit Aviation was at substantial risk of failing to meet its debt obligations and may have to file for Chapter 11 bankruptcy protection within months [5]. - It is claimed that the defendants overstated the company's financial condition and liquidity while downplaying adverse market conditions, leading to materially false and misleading public statements [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].