International Consolidated Airlines Group SA
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Industrials : Airlines | Large Cap Value
Based in United Kingdom
Company profile

International Consolidated Airlines Group, S.A. is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 573 aircrafts to over 268 destinations. The Company operates various aircraft fleet services, including Airbus A318, Airbus A319, Airbus A340-600, Boeing 787-800, Embraer E190 and Boeing 777-200, among others. The Company, through its subsidiaries, is engaged in providing airline marketing, airline operations, insurance, aircraft maintenance, storage and custody services, air freight operations and cargo transport services. The Company offers its services in cities, including London, Madrid, Barcelona, Rome and Dublin. The Company's brands include British Airways, Iberia, LEVEL, Vueling, Aer Lingus, IAG Cargo and Avios.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

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Closing Price
$5.80
Day's Change
0.0401 (0.70%)
Bid
--
Ask
--
B/A Size
--
Day's High
5.84
Day's Low
5.76
Volume
(Light)
Volume:
265,347

10-day average volume:
340,747
265,347

INVESTOR ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against XL Fleet Corp. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

1:55 am ET March 10, 2021 (Accesswire) Print

LOS ANGELES, CA / ACCESSWIRE / March 10, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against XL Fleet Corp. ("XL Fleet" or "the Company") (NYSE:XL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Image: https://www.accesswire.com/users/newswire/images/634617/image-20210310013133-1.png

Investors who purchased the Company's securities between October 2, 2020 and March 2, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before May 7, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. XL Fleet pressured its salespeople to inflate their pipeline of potential sales to artificially boost the Company's backlog of orders. Out of the Company's 33 customers, at least 18 were inactive and hadn't placed orders since 2019. The Company's technology benefits were overstated, offering fleet savings of only 5% to 10%. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about XL Fleet, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

SOURCE: The Schall Law Firm

View source version on accesswire.com:

https://www.accesswire.com/634617/INVESTOR-ACTION-NOTICE-The-Schall-Law-Firm-Announces-the-Filing-of-a-Class-Action-Lawsuit-Against-XL-Fleet-Corp-and-Encourages-Investors-with-Losses-in-Excess-of-100000-to-Contact-the-Firm

comtex tracking

COMTEX_382442107/2457/2021-03-10T01:55:32

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