MESA Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Investigation of Mesa Air Group, Inc. and Encourages Investors to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 31, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mesa Air Group, Inc. ("Mesa" or "the Company") (NASDAQ:MESA).Investors who purchased Mesa securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site:

www.bgandg.com/mesa.

The investigation concerns whether Mesa and certain of its officers and/or directors have violated federal securities laws.

On August 9, 2018, Mesa conducted its initial public offering ("IPO") selling roughly 11 million shares of its common stock priced at $12.00 per share. On May 10, 2019, Mesa's Chief Executive Officer revealed that for the past 18 months the Company had been "hamstrung by the fact that we had expanded a lot . . . maintenance became more difficult in terms of qualified maintenance people." Then on August 9, 2019, Mesa's CEO announced that it "did not meet the performance criteria" with its American Airlines, Inc. contract and that it would be "very difficult to meet the performance criteria." Since this news Mesa stock has traded well below the IPO price. On March 19, 2020 Mesa stock hit a low of $2.70 per share.

If you are aware of any facts relating to this investigation, or purchased Mesa shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/mesa. 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

ReleaseID: 583145