Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Southwest Airlines Co. (LUV)

NEW YORK, NY / ACCESSWIRE / January 31, 2020 / 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 and certain of its officers and/or directors have violated federal securities laws.

On January 30, 2020, the Wall Street Journal published an article entitled "Southwest Flew Millions on Jets With Unconfirmed Maintenance Records, Government Report Says." Citing "a government report to be released in coming days," the article reported, among other things, that "Southwest pilots flew more than 17 million passengers on planes with unconfirmed maintenance records over roughly two years, and in 2019 smashed both wingtips of a jet on a runway while repeatedly trying to land amid gale-force winds" and that "FAA managers in the Dallas-area office that supervises Southwest routinely allowed the carrier ‘to fly aircraft with unresolved safety concerns.'" On this news, Southwest's stock price fell $1.06 per share, or 1.86%, to close at $55.83 per share on January 30, 2020.

If you are aware of any facts relating to this investigation, or purchased Southwest shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/luv. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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