San Diego, CA -- (SBWIRE) -- 09/29/2015 -- An investigation for shareholder in shares of United Continental Holdings Inc (NYSE:UAL) over potential securities laws violations by United Continental Holdings and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of United Continental Holdings Inc (NYSE:UAL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of United Continental Holdings Inc (NYSE:UAL) concerning whether a series of statements by United Continental Holdings Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

In February 2015, United Continental Holdings Inc learned of a federal probe into its relationship with David Samson, a former chairman of the Port Authority of New York and New Jersey (the "Port Authority").

News reports have said that the probe focused on whether United Continental Holdings Inc added a direct flight between Newark, New Jersey and Columbia, South Carolina, to accommodate Samson, who has a summer home in Columbia. The route was canceled shortly after Samson resigned last year. United Continental Holdings Inc , the dominant airline at Newark Liberty International Airport, was negotiating with the Port Authority over projects at the airport at the same time.

On September 8, 2015, United Continental Holdings Inc announced that its Chief Executive Officer, Jeff Smisek, and two other top executives were leaving the company in connection with internal and federal investigations associated with the Port Authority of New York and New Jersey.

Those who purchased shares of United Continental Holdings Inc (NYSE:UAL) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com