NEW YORK, April 06, 2020 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, announces that it has filed a class action lawsuit on behalf of shareholders against Mesa Air Group, Inc. (NASDAQ: MESA) and certain of its officers alleging violations of the federal securities laws. The complaint, filed in the United States District Court for the District of Arizona, alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company's relationship with American Airlines Group, Inc. ("American") had significantly soured; (2) that, as a result, the Company was likely to lose its contract with American; (3) that the Company's regional capacity purchase agreement with United Airlines Holdings, Inc. ("United") was not providing the anticipated benefits; (4) that, as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you purchased or otherwise acquired Mesa securities between September 11, 2019 and February 6, 2020 and have questions about your legal rights, or possess information relevant to this matter, please contact Block & Leviton attorneys at (646) 860-9556 or visit http://www.blockleviton.com/cases/mesa. Block & Leviton LLP is a national securities litigation firm that represents investors and institutional clients in shareholder derivative and securities class action lawsuits. The firm's lawyers have recovered billions of dollars for its clients. This notice may constitute attorney advertising.