Judge Reconsiders Motion To Dismiss Southwest Stock Drop Suit

( April 10, 2026, 10:11 AM EDT) -- HOUSTON — After initially denying a motion to dismiss the claims brought by investors against Southwest Airlines and certain current and former executives for allegedly misleading statements about the company’s operational resiliency, a federal judge in Texas granted the defendants’ motion for reconsideration, finding that the investors failed to allege materially false or misleading statements or the requisite inference of scienter....