Please complete this form relating to your transactions for Ryanair Holdings plc (Nasdaq: RYAAY) American Depositary Shares (“ADSs”) between May 30, 2017 and September 28, 2018, inclusive (the “Class Period”).
You may also contact James Maro, Esq. at (484) 270-1453; or you may submit your information via email at firstname.lastname@example.org, or you may click here to print a PDF of this form.
On November 06, 2018, the initial complaint in this securities class action was filed against Ryanair Holdings plc (“Ryanair” or the “Company”), and certain of Ryanair’s directors and officers, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act.
The complaint alleged that during the class period, the defendants made false and misleading statements and/or failed to disclose adverse information regarding Ryanair’s business and operations as a result of its aggressive anti-employee practices and opposition to employee collectivization efforts. Specifically, the complaint alleged that the defendants misrepresented and/or failed to disclose, among other things, that Ryanair’s labor relations had deteriorated in 2017 and 2018. As a result, the Company was experiencing increased employee turnover and was threatened with massive strikes and other disruptions across its operations, and its historical operating model and profit growth were not sustainable.
This is a securities class action on behalf of those who purchased or otherwise acquired Ryanair American Depository Shares between May 30, 2017 and September 28, 2018, inclusive.
Current Status of Case:
On April 5, 2019, Plaintiffs filed an amended complaint (the “Complaint”). Defendants filed a Motion to Dismiss the Complaint on June 14, 2019. On June 1, 2020, the Court issued an Order granting in part and denying in part Defendants' Motion to Dismiss the Complaint. On March 31, 2021, Plaintiffs filed a Motion for Leave to file a second amended complaint (the “Amended Complaint”). On March 31, 2022, the Court issued an Order denying Plaintiffs’ Motion for Leave to file the Amended Complaint. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; or via e-mail at email@example.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.