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FTAI ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Class Action Lawsuit Against FTAI Aviation Ltd. (FTAI)
Prnewswire· 2025-02-25 00:45
Core Viewpoint - A securities class action lawsuit has been filed against FTAI Aviation Ltd. for allegedly making materially false and misleading statements regarding its business operations and financial performance during the Class Period from July 23, 2024, to January 15, 2025 [1][2]. Group 1: Allegations Against FTAI - The complaint alleges that FTAI misrepresented one-time engine sales as Maintenance Repair & Overhaul revenue, despite only performing limited repair and maintenance work on the sold engine assets [2]. - FTAI is accused of presenting whole engine sales as individual module sales, which inflated reported sales and demand [2]. - The company allegedly depreciates engines not on lease, misleadingly lowering the reported cost of goods sold and inflating EBITDA [2]. - As a result of these practices, the positive statements made by FTAI regarding its business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Lead Plaintiff Process - Investors in FTAI have until March 18, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff acts on behalf of all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm encourages FTAI investors who have suffered significant losses to contact them for more information [4].
Insights Into FTAI Aviation (FTAI) Q4: Wall Street Projections for Key Metrics
ZACKS· 2025-02-24 15:21
Wall Street analysts expect FTAI Aviation (FTAI) to post quarterly earnings of $0.83 per share in its upcoming report, which indicates a year-over-year decline of 23.9%. Revenues are expected to be $481.39 million, up 53.9% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 8.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior ...
Class Action Filed Against FTAI Aviation Ltd. (FTAI) - March 18, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-02-24 10:45
NEW YORK, Feb. 24, 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=131196&from=4CLASS PERIOD: July 23, 2024 to ...
FTAI Aviation (FTAI) Just Reclaimed the 50-Day Moving Average
ZACKS· 2025-02-20 15:30
After reaching an important support level, FTAI Aviation (FTAI) could be a good stock pick from a technical perspective. FTAI surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend.Over the past four weeks, FTAI ...
FTAI Aviation (FTAI) Recently Broke Out Above the 200-Day Moving Average
ZACKS· 2025-02-20 15:30
FTAI Aviation (FTAI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, FTAI broke through the 200-day moving average, which suggests a long-term bullish trend.The 200-day simple moving average is a useful tool for traders and analysts, establishing market trends for stocks, commodities, indexes, and other financial instruments over the long term. The marker moves higher or lower along with longer-term price moves, and serves as a support or r ...
Faruqi & Faruqi Reminds FTAI Aviation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 18, 2025 - FTAI
Prnewswire· 2025-02-20 14:34
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In FTAI To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $50,000 in FTAI between July 23, 2024 and January 15, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Feb. 20, 2025 /PRNewswire/ -- Far ...
FTAI FRAUD LAWSUIT: FTAI Aviation Ltd. Investors that Lost Money may have been affected by Fraud -- Contact BFA Law by March 18 Class Action Deadline (NASDAQ:FTAI)
GlobeNewswire News Room· 2025-02-20 13:12
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]. Company Overview - FTAI Aviation is an integrated full-service provider of aftermarket power and maintenance for commercial jet engines [3]. Financial Performance - In Q3 2024, FTAI Aviation reported quarterly revenue of approximately $303 million in its Aerospace Products segment, marking a 155% increase compared to the same quarter the previous year [3]. Allegations and Concerns - The lawsuit alleges that FTAI Aviation's adjusted EBITDA in the Aerospace Products segment is primarily 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]. - A report by Muddy Waters claims that FTAI Aviation has misclassified one-time engine sales as Maintenance Repair & Overhaul (MRO) revenue, misleading investors about growth in its Aerospace Products revenue [5]. Stock Market Reaction - Following the publication of the Muddy Waters report on January 15, 2025, FTAI Aviation's stock price dropped 24%, from $153.29 on January 14, 2025, to $116.08 on January 15, 2025 [6]. - On January 21, 2025, after FTAI Aviation announced an internal review of the allegations, its stock price fell 23%, from $112.38 on January 17, 2025, to an opening price of $86.37 on January 21, 2025 [7].
FTAI Aviation Audit Committee Completes Independent Review, Expects to File 10-K Timely
Globenewswire· 2025-02-20 11:00
NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) (“FTAI” or the “Company”) today announced that the Board of Directors’ Audit Committee has completed its review, conducted by independent legal and forensic accounting advisors, into assertions made by certain short seller reports in January 2025 and determined that the allegations made against the Company are without merit. The Company expects to file its Form 10-K timely. Paul R. Goodwin, Chair of the Audit Committee, commented, ...
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of FTAI Aviation Ltd.(FTAI) Shareholders
Prnewswire· 2025-02-20 10:45
NEW YORK, Feb. 20, 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=130526&from=4CLASS PERIOD: July 23, 2024 to ...
Kessler Topaz Meltzer & Check, LLP Notifies FTAI Aviation Ltd. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2025-02-20 05:39
RADNOR, Pa., Feb. 20, 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 ...