SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ryanair Holdings plc - RYAAY

NEW YORK, Oct. 18, 2017

The investigation concerns whether Ryanair and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

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On September 15, 2017, Ryanair announced that it would cancel over 2,000 flights due to delays and strikes prompted by staffing issues with the Company's pilots and cabin crew.  On this news, the Company's American Depositary Receipt ("ADR") price fell $1.15, or 1.06%, to close at $107.00 on September 18, 2017. 

On September 27, 2017, Ryanair announced that it would cancel 18,000 further flights, affecting about 400,000 passengers, again citing staffing issues.  On the following day, the U.K.'s Civil Aviation Authority initiated an enforcement action against the Company for "persistently misleading passengers" about their rights.  Following these revelations, the Company's ADR price fell $6.03, or 5.60%, to close at $101.59 on September 28, 2017.  

On October 6, 2017, post-market, Ryanair announced the resignation of its Chief Operating Officer Michael Hickey.  On this news, the Company's ADR price fell $1.12, or 1.06%, to close at $104.61 on October 9, 2017.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com