Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Aug. 21, 2025 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Spirit Aviation Holdings, Inc. (“Spirit” or “the Company”) (NYSE: FLYY) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Acadia Healthcare investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On August 11, 2025, Spirit disclosed in a regulatory filing that “there is substantial doubt as to the Company’s ability to continue as a going concern within 12 months.” Spirit attributed this concern, in part, to “adverse market conditions” and to minimum liquidity covenants in the Company’s debt obligations and credit card processing agreements, which required financial performance to improve at a pace faster than the Company then anticipated.
On this news, Spirit’s stock price declined $1.44 per share, or approximately 40.7%, to close at $2.10 per share on August 12, 2025, thereby injuring investors.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bars
[email protected]
310-692-8883
www.portnoylaw.com
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