Southwest Slams Investors' Safety Lapse 'Scheme' Claims

Law360 (October 22, 2020, 7:01 PM EDT) -- Southwest Airlines asked a Texas federal judge Wednesday to reject a pair of pension funds' allegations that the airline concealed a record of safety lapses, which came to light after a deadly 2018 engine explosion, through a purported yearslong scheme in its common course of business.

Southwest Airlines Co., CEO Gary C. Kelly, Chief Financial Officer Tammy Romo and Chief Operating Officer Mike Van de Ven filed a motion to dismiss that further disputes certain securities fraud allegations that the Canadian Elevator Industry Pension Trust Fund and the Elevator Constructors Union Local No. 1 Annuity & 401(k) Fund raised in a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!