June 08, 2023
Ryanair investors asked a New York federal judge on Wednesday to approve the Irish budget airline's $5 million settlement over allegations that the airline and its CEO falsely claimed the company would never unionize, artificially inflating share prices that dropped when some Ryanair workers later unionized.
November 16, 2020
Pension funds looking to recoup investor losses from Irish budget airline Ryanair asked a New York federal judge Friday to certify a class of investors who allege the Dublin-based airline and its CEO misled them about the likelihood of unionization, inflating share prices.
June 02, 2020
A New York federal judge on Monday trimmed securities fraud claims against Irish budget airline Ryanair, dismissing "flimsy evidence" from pension funds on all proposed class action claims except those related to the comments the company's CEO made about the likelihood of unionization.
November 25, 2019
Birmingham, Alabama, pension funds told a New York federal judge Friday that European budget carrier Ryanair and its chief executive cannot dodge a suit alleging a toxic work culture, penny-pinching practices and anti-union stance led to employee unrest that ended up costing investors millions.