Big Law

Allegiant Travel’s Legal Woes Mount Over Allegations of Putting Profits Above Safety

Investors claim in a stockholder derivative complaint against Allegiant Travel Company that the airline dangerously prioritized profit over safety while its board pocketed millions in an alleged insider trading scheme.

Filed in the Eighth Judicial District Court of Nevada by lead plaintiff Charlotte Woolery, the lawsuit names Allegiant’s CEO Maurice J. Gallagher as well as several other company executives

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