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EQUITY ALERT: ROSEN, NATIONAL INVESTOR COUNSEL, Reminds Mesa Air Group, Inc. Investors of Important Deadline in First Filed Federal Securities Class Action Lawsuit - MESA

NEW YORK, April 2, 2020 /PRNewswire/ --A Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Mesa Air Group, Inc. (NASDAQ: MESA) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with Mesa's August 2018 initial public stock offering (the "IPO") of the important June 1, 2020 lead plaintiff deadline in the federal securities class action first filed by the firm. The lawsuit seeks to recover damages for Mesa investors under the federal securities laws.
EQUITY ALERT: ROSEN, NATIONAL INVESTOR COUNSEL, Reminds Mesa Air Group, Inc. Investors of Important Deadline in First Filed Federal Securities Class Action Lawsuit - MESA
To join the Mesa class action, go to https://www.rosenlegal.com/cases-register-1825.htmlA or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.comA or cases@rosenlegal.comA for information on the class action.NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) Mesa Air Group's operational performance was poor and below industry standards; (2) Mesa Air Group had a shortage of qualified mechanics and maintenance personnel; (3) Mesa Air Group had an inadequate number of spare aircraft and parts; (4) Mesa Air Group did not have a strong track record of reliable performance; (5) then-existing "risks" had already materialized; (6) Mesa Air Group knew of undisclosed adverse trends and uncertainties at the time of the IPO; and (7) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
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