Rosen Law Firm, a globally recognized leader in investor rights, has initiated an investigation into potential fiduciary breaches by directors and officers of Southwest Airlines Co. (NYSE: LUV). The firm is focusing on Southwest Airlines’ information technology infrastructure and its potential impact on the company’s operations, business performance, and stock price.
Rosen Law Firm is well-known for its expertise in securities class actions and shareholder derivative litigation, and it has a strong track record in securing significant settlements for investors. Notably, the firm set a precedent with what was once the largest securities class action settlement involving a Chinese company. Since 2013, Rosen Law Firm has consistently ranked among the top firms for the number of securities class action settlements, with over $438 million secured in 2019 alone.
In recognition of his leadership and contributions, Laurence Rosen, the founding partner of Rosen Law Firm, was honored by Law360 as a Titan of the Plaintiffs’ Bar in 2020. The firm’s attorneys are also widely acknowledged by Lawdragon and Super Lawyers for their excellence in legal practice.
This investigation into Southwest Airlines follows ongoing concerns about the company’s technology infrastructure, which may have led to operational disruptions or financial losses. If the firm finds evidence of fiduciary breaches, it could lead to legal action seeking accountability for shareholders.
