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A US pension fund has been blocked from seeking permission to allow it to question members of the media in Ireland and the UK, including this reporter, in a long-running legal action against Ryanair and its CEO, Michael O’Leary. The pension fund for fire officers and police officer, based in Birmingham, Alabama, sued Ryanair and Mr O’Leary in 2018, claiming they had made false and misleading statements to shareholders regarding employment issues at the airline. In late 2017, Ryanair said it would recognise trade unions. The pension fund alleged that increased costs as a result of unionisation at Ryanair, as well as lower profits, wiped out “millions” in shareholder value. The claims have been strenuously rejected by Ryanair and Mr O’Leary. ....
US fund seeks to quiz media in Ryanair legal action independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.