Axar.az
UP
15 November 2018


Ryanair, CEO are sued in U.S. over stock price

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

Ryanair Holdings Plc and longtime Chief Executive Michael O’Leary have been sued in New York by a shareholder that said Europe’s largest airline defrauded investors and inflated its share price by overstating its ability to manage labor relations and keep costs down.

Axar.az reports citing Reuters that the complaint was filed on Tuesday night in the U.S. District Court in Manhattan by an Alabama pension fund, seeking class-action status and damages for investors in Ryanair’s American depositary shares from May 30, 2017 to Sept. 28, 2018.

Ryanair did not immediately respond on Wednesday to requests for comment.

Date
2018.11.07 / 22:48
Author
Axar.az
Comments
See also

Saudi seeks death penalty for 5 in Khashoggi murder

Monkey kills baby boy in India

Khashoggi’s body dismembered inside Istanbul consulate

13 countries are interested in buying a Russian missile system

Mira Ricardel was forced out of her job by Melania's demand

Russian reporters’ passports taken away in Nigeria

Russia hopes for Israel-Gaza sustainable ceasefire

WADA presidential election to take place on November 7

EU arms fuelling Yemen conflict

French pharma group Ipsen closes in on its next drug deals

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla