NEW ORLEANS, Jan. 26, 2024 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Spirit AeroSystems Holdings, Inc. (NYSE: SPR).
On January 4, 2024, Alaska Airlines Flight 1282, a Boeing 737 Max 9 aircraft, was forced to make an emergency landing just six minutes after takeoff when a panel of the plane (called a door plug) snapped off at 16,000 feet, leaving an open gaping hole and a harrowing experience suffered by the passengers.
The resulting investigations by the National Transportation Safety Board and the U.S. Federal Aviation Administration, which grounded 171 of the 737 Max 9 aircraft indefinitely, has recently expanded to include Spirit, a major supplier to Boeing responsible for manufacturing about 70 percent of each 737 aircraft, including the fuselage, and the initial installation of the panel that broke off in Flight 1282.
KSF’s investigation is focusing on whether Spirit’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Spirit shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit us at https://www.ksfcounsel.com/cases/nyse-spr/ to learn more.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana and New Jersey.
To learn more about KSF, you may visit ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
SOURCE Kahn Swick & Foti, LLC
