{"id":2597,"date":"2020-04-14T12:11:54","date_gmt":"2020-04-14T12:11:54","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/04\/14\/mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district\/"},"modified":"2020-04-14T12:11:54","modified_gmt":"2020-04-14T12:11:54","slug":"mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-distr","status":"publish","type":"post","link":"http:\/\/ipsnews.net\/business\/2020\/04\/14\/mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-distr\/","title":{"rendered":"MESA AIR GROUP, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of Arizona against Mesa Air Group, Inc."},"content":{"rendered":"<p><span class=\"xn-location\">NEW YORK<\/span>,&nbsp;&nbsp;&#8212;&nbsp;<span class=\"xn-person\">Wolf Haldenstein Adler Freeman<\/span>&nbsp;&amp; Herz LLP&nbsp;&nbsp;announces that a class action lawsuit has been filed in&nbsp;<span class=\"xn-location\">the United States<\/span>&nbsp;District Court for the District of&nbsp;<span class=\"xn-location\">Arizona<\/span>&nbsp;on behalf of investors that purchased Mesa Air Group, Inc. (NASDAQ:&nbsp;MESA) securities pursuant and\/or traceable to Mesa Air Group&#8217;s&nbsp;<span class=\"xn-chron\">August 2018<\/span>&nbsp;initial public offering (the &#8220;IPO&#8221; or &#8220;Offering&#8221;).<\/p>\n<p><strong>All &nbsp;investors who purchased shares&nbsp;<\/strong><strong>of&nbsp;<\/strong><strong>Mesa Air Group, Inc.<\/strong>&nbsp;<strong>and incurred losses are urged<\/strong><strong>&nbsp;to contact the firm immediately at&nbsp;classmember@whafh.com&nbsp;or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or&nbsp;join the case&nbsp;on our website,&nbsp;www.whafh.com.<\/strong><\/p>\n<p>If you have incurred losses in the shares&nbsp;of&nbsp;<strong>you<\/strong>&nbsp;<strong>may,<\/strong>&nbsp;<strong>no later than&nbsp;<span class=\"xn-chron\">June 1, 2020<\/span><\/strong><strong>,&nbsp;<\/strong>request that the Court appoint you lead plaintiff of the proposed class.<\/p>\n<p class=\"prntac\">## Follow the firm and learn about newly filed cases on&nbsp;Twitter&nbsp;and&nbsp;Facebook&nbsp;##<\/p>\n<p class=\"prntac\"><strong>CLICK HERE TO JOIN THE CASE&nbsp;<\/strong><\/p>\n<p>The filed complaint alleges that the registration statement for the IPO contained false and\/or misleading statements and\/or failed to disclose that:<\/p>\n<ul>\n<li>Mesa&#8217;s operational performance was poor and below industry standards;<\/li>\n<li>Mesa had a shortage of qualified mechanics and maintenance personnel;<\/li>\n<li>Mesa had an inadequate number of spare aircraft and parts;<\/li>\n<li>Mesa did not have a strong track record of reliable performance;<\/li>\n<li>then-existing &#8220;risks&#8221; had already materialized;<\/li>\n<li>Mesa knew of undisclosed adverse trends and uncertainties at the time of the IPO; and<\/li>\n<li>as a result, defendants&#8217; public statements were materially false and\/or misleading at all relevant times.<\/li>\n<\/ul>\n<p>In August of 2018, Mesa conducted its IPO in which it sold approximately 11 million shares of common stock for&nbsp;<span class=\"xn-money\">$12.00<\/span>&nbsp;per share.<\/p>\n<p>Since the IPO, the Company&#8217;s stock price has significantly fallen below the offering price, closing at&nbsp;<span class=\"xn-money\">$3.11<\/span>&nbsp;per share on&nbsp;<span class=\"xn-chron\">March 30, 2020<\/span>, or 74% less than its original IPO price.<\/p>\n<p><span class=\"xn-person\">Wolf Haldenstein<\/span>&nbsp;has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.&nbsp; The firm has attorneys in various practice areas; and offices in&nbsp;<span class=\"xn-location\">New York<\/span>,&nbsp;<span class=\"xn-location\">Chicago<\/span>&nbsp;and San Diego.&nbsp; The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.<\/p>\n<p>If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact&nbsp;<span class=\"xn-person\">Wolf Haldenstein<\/span>&nbsp;by telephone at (800) 575-0735, via e-mail at&nbsp;classmember@whafh.com, or visit our website at&nbsp;&nbsp;www.whafh.com.<\/p>\n<p>&nbsp;<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.whafh.com\" target=\"_blank\">http:\/\/www.whafh.com<\/a><br \/><b>Contact Information:<\/b><br \/>Wolf Haldenstein Adler Freeman&#038; Herz LLP<br \/>\nKevin Cooper, Esq.<br \/>\nGregory Stone, Director of Case and Financial Analysis<br \/>\nEmail:gstone@whafh.com,kcooper@whafh.comorclassmember@whafh.com<br \/>\nTel: (800) 575-0735 or (212) 545-4774<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Wolf Haldenstein Adler Freeman\u00a0&#038; Herz LLP<br \/>\nKevin Cooper, Esq.<br \/>\nGregory Stone, Director of Case and Financial Analysis<br \/>\nEmail:\u00a0gstone@whafh.com,\u00a0kcooper@whafh.com\u00a0or\u00a0classmember@whafh.com\u00a0<br \/>\nTel: (800) 575-0735 or (212) 545-4774<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK,&nbsp;&nbsp;&mdash;&nbsp;Wolf Haldenstein Adler Freeman&nbsp;&amp; Herz LLP&nbsp;&nbsp;announces that a class action lawsuit has been filed in&nbsp;the United States&nbsp;District Court for the District of&nbsp;Arizona&nbsp;on behalf of investors that purchased Mesa Air Group, Inc. (NASDAQ:&nbsp;MESA) securities pursuant and\/or traceable to Mesa Air Group&rsquo;s&nbsp;August 2018&nbsp;initial public offering (the &ldquo;IPO&rdquo; or &ldquo;Offering&rdquo;). All &nbsp;investors who purchased shares&nbsp;of&nbsp;Mesa Air Group, &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/14\/mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-district\/\">Continue reading <span>MESA AIR GROUP, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of Arizona against Mesa Air Group, Inc.<\/span><\/a> <a href=\"http:\/\/ipsnews.net\/business\/2020\/04\/14\/mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-distr\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-2597","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MESA AIR GROUP, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of Arizona against Mesa Air Group, Inc. - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/04\/14\/mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-distr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MESA AIR GROUP, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of Arizona against Mesa Air Group, Inc. - Business\" \/>\n<meta property=\"og:description\" content=\"NEW YORK,&nbsp;&nbsp;&mdash;&nbsp;Wolf Haldenstein Adler Freeman&nbsp;&amp; Herz LLP&nbsp;&nbsp;announces that a class action lawsuit has been filed in&nbsp;the United States&nbsp;District Court for the District of&nbsp;Arizona&nbsp;on behalf of investors that purchased Mesa Air Group, Inc. (NASDAQ:&nbsp;MESA) securities pursuant and\/or traceable to Mesa Air Group&rsquo;s&nbsp;August 2018&nbsp;initial public offering (the &ldquo;IPO&rdquo; or &ldquo;Offering&rdquo;). All &nbsp;investors who purchased shares&nbsp;of&nbsp;Mesa Air Group, &hellip; Continue reading MESA AIR GROUP, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of Arizona against Mesa Air Group, Inc. Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/04\/14\/mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-distr\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-14T12:11:54+00:00\" \/>\n<meta name=\"author\" content=\"Charles Brown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charles Brown\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/04\/14\/mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-distr\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/04\/14\/mesa-air-group-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-district-court-for-the-distr\/\",\"name\":\"MESA AIR GROUP, INC. 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CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman &amp; Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of Arizona against Mesa Air Group, Inc. 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