Cohen Milstein To Rep Airline IPO Class Action

Law360, New York (May 21, 2015, 5:49 PM EDT) -- A New York federal judge on Wednesday approved Cohen Milstein Sellers & Toll PLLC as lead counsel in a securities class action against Mexican airline Volaris Aviation Holding Co. over information that investors say was withheld from them before the company's initial public offering.

In a brief order, U.S. District Judge William H. Pauley III approved the law firm and also approved Pavers and Road Builders Fund as the lead plaintiff.

"The court hereby determines that Pavers and Road Builders Fund is the most adequate plaintiff and satisfies the requirements of the [Private Securities Litigation Reform Act]," Judge Pauley said....

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