RADNOR, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against FTAI Aviation Ltd. (“FTAI”) (NASDAQ: FTAI) on behalf of those who purchased or otherwise acquired FTAI securities between July 23, 2024, and January 15, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is March 18, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered FTAI losses, you may ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of FTAI Aviation Ltd. regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from July 23, 2024, to January 15, 2025 [1] Allegations - The complaint alleges that FTAI reported one-time engine sales as maintenance repair and overhaul revenue, despite only performing limited repair and maintenance work on the sold engine assets [1] - FTAI is accused of presenting whole engine sales as individual module sales, which overstated sales and demand [1] - The company allegedly depreciates engines that are not on lease, misleadingly lowering the reported cost of goods sold and inflating EBITDA [1] - As a result of these practices, the positive statements made by defendants about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [1] Next Steps for Shareholders - Shareholders who purchased shares of FTAI during the specified timeframe are encouraged to register for the class action by March 18, 2025, to potentially be appointed as lead plaintiff [2] - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [2] Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3] - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [3]

Core Viewpoint - A lawsuit has been filed against FTAI Aviation Ltd. and its senior executives for potential violations of federal securities laws, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1][2]. Group 1: Financial Performance - FTAI Aviation reported quarterly revenue of approximately $303 million in its Aerospace Products segment for Q3 2024, marking a 155% increase compared to the same quarter of the previous year [3]. - The complaint alleges that the majority of FTAI Aviation's adjusted EBITDA in the Aerospace Products segment is derived from gains on sales, which are less recurring, and that the company engaged in channel stuffing to inflate its 2023 financial results [4][5]. Group 2: Stock Performance and Market Reaction - Following the publication of a report by Muddy Waters on January 15, 2024, which accused FTAI Aviation of financial manipulation, the company's stock price fell by 24%, from $153.29 on January 14, 2025, to $116.08 on January 15, 2025 [5][6]. - On January 21, 2025, FTAI Aviation announced that its Audit Committee had begun a review of the allegations, leading to a further decline in stock price by 23%, from $112.38 on January 17, 2025, to an opening price of $86.37 on January 21, 2025 [7].

SAN DIEGO, Feb. 1, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of FTAI Aviation Ltd. (NASDAQ: FTAI) securities between July 23, 2024 and January 15, 2025, inclusive (the "Class Period"), have until March 18, 2025 to seek appointment as lead plaintiff of the FTAI Aviation class action lawsuit. Captioned Shannahan v. FTAI Aviation Ltd., No. 25-cv-00541 (S.D.N.Y.), the FTAI Aviation class action lawsuit charges FTAI Aviation as well as certain of ...

RADNOR, Pa., Jan. 31, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against FTAI Aviation Ltd. ("FTAI") (NASDAQ: FTAI) on behalf of those who purchased or otherwise acquired FTAI securities between July 23, 2024, and January 15, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is March 18, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered FTAI losses, you may CLICK ...

Core Viewpoint - A class action lawsuit has been filed against FTAI Aviation Ltd. for allegedly misleading investors by manipulating financial statements during the period from July 23, 2024, to January 15, 2025 [1][2]. Allegations - The complaint outlines several key allegations against FTAI, including: - Reporting one-time engine sales as Maintenance Repair & Overhaul revenue despite limited repair and maintenance work performed [2]. - Presenting whole engine sales as individual module sales, which overstates sales and demand [2]. - Depreciating engines not on lease, misleadingly lowering the reported cost of goods sold and inflating EBITDA [2]. - Positive statements about the company's business and prospects were materially misleading and lacked a reasonable basis [2]. Impact on Stock Price - Following the publication of a report by Muddy Waters Research on January 15, 2025, which accused FTAI of materially manipulating its financials, the company's stock price fell by $37.21, or 24.3%, closing at $116.08 per share [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their applications by March 18, 2025. Participation in the case is not required to be eligible for recovery [4]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5].

NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against FTAI Aviation Ltd. (NASDAQ: FTAI) and certain of its senior executives for potential violations of the federal securities laws. If you invested in FTAI Aviation, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ftai-aviation-ltd. Investors have until March 18, 2025, to ask the Court to be appointed to lea ...

NEW YORK, Jan. 30, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of FTAI Aviation Ltd. (NASDAQ: FTAI).Shareholders who purchased shares of FTAI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/ftai-aviation-ltd-loss-submission-form/?id=125761&from=4CLASS PERIOD: July 23, 2024 to ...

Lawsuit Details - A securities fraud lawsuit has been filed against FTAI Aviation Ltd and certain executives, alleging misleading financial practices [1] - The lawsuit claims FTAI misclassified one-time engine sales as recurring maintenance revenue, inflating financial results [2] - FTAI is also accused of manipulating depreciation practices to reduce reported costs and boost earnings [2] Company Response - FTAI's audit committee is reviewing the allegations, raising investor concerns about financial reporting accuracy [3] - Following these developments, FTAI's stock price fell over 25% on January 21, 2025 [3] Investor Eligibility - Investors who purchased FTAI common stock between July 23, 2024 and January 15, 2025 and experienced losses may be eligible for the lawsuit [4] - Eligibility applies whether or not investors have sold their shares [4] Legal Actions - The deadline to seek appointment as lead plaintiff is March 18, 2025 [5] - A class has not yet been certified, and investors are not represented by an attorney until certification occurs [5] Whistleblower Information - Individuals with non-public information about FTAI may assist in the investigation or file a report with the SEC [6] - Whistleblowers providing original information to the SEC may receive rewards of up to 30% of any successful recovery [6]

NEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against FTAI Aviation Ltd. (NASDAQ: FTAI) and certain of its senior executives for potential violations of the federal securities laws. If you invested in FTAI Aviation, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ftai-aviation-ltd. Investors have until March 18, 2025, to ask the Court to be appointed to lea ...