Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Southwest Airlines Co. (NYSE: LUV) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Southwest Airlines Co. (NYSE: LUV) concerning whether a series of statements by Southwest Airlines Co. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On January 30, 2020, an article published by the Wall Street Journal entitled “Southwest Flew Millions on Jets With Unconfirmed Maintenance Records, Government Report Says”  cited “a government report to be released in coming days[.]” According to the article, “Southwest pilots flew more than 17 million passengers on planes with unconfirmed maintenance records over roughly two years, and in 2019 smashed both wingtips of a jet on a runway while repeatedly trying to land amid gale-force winds” and that “FAA managers in the Dallas-area office that supervises Southwest routinely allowed the carrier ‘to fly aircraft with unresolved safety concerns.’”

Following this news, NYSE: LUV fell $1.06 per share, or 1.86%, to close at $55.83 per share on January 30, 2020.

Based in Dallas, Texas, and founded in 1967 Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets.

If you purchased shares of Southwest Airlines Co. (NYSE: LUV) on or before January 30, 2020, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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