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FTAI Aviation Ltd. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - FTAI
Prnewswire· 2025-02-07 10:45
Core Viewpoint - A class action securities lawsuit has been filed against FTAI Aviation Ltd. for alleged securities fraud affecting investors between July 23, 2024, and January 15, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that FTAI Aviation misrepresented its financial performance by reporting one-time engine sales as maintenance repair & overhaul revenue, despite only performing limited repair and maintenance work on the sold engine assets [2]. - It is alleged that FTAI presented whole engine sales as individual module sales, which resulted in an overstatement of sales and demand [2]. - The company reportedly depreciates engines that are not on lease, misleadingly lowering the reported cost of goods sold and inflating EBITDA [2]. - Due to these practices, the positive statements made by the defendants regarding the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until March 18, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record, having secured hundreds of millions of dollars for shareholders over the past 20 years and is recognized as one of the top securities litigation firms in the United States [4].
The Gross Law Firm Notifies FTAI Aviation Ltd. Investors of a Class Action Lawsuit and Upcoming Deadline - FTAI
Prnewswire· 2025-02-06 10:45
NEW YORK, Feb. 6, 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=127276&from=4 CLASS PERIOD: July 23, 2024 to ...
FTAI Aviation Ltd. Stock News: Shareholder Rights Law Firm Robbins LLP Encourages FTAI Stockholders with Large Losses to Contact the Firm to Learn About Their Rights in Connection with the Class Action
Prnewswire· 2025-02-06 04:58
SAN DIEGO, Feb. 5, 2025 /PRNewswire/ -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired FTAI Aviation Ltd. (NASDAQ: FTAI) securities between July 23, 2024 and January 15, 2025. FTAI owns and acquires aviation and offshore energy equipment.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations that FTAI Aviation Ltd ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in FTAI Aviation Ltd. of Class Action Lawsuit and Upcoming Deadlines - FTAI
Prnewswire· 2025-02-04 20:05
NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against FTAI Aviation Ltd. ("FTAI" or the "Company") (NASDAQ: FTAI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether FTAI and certain of its officers and/or ...
Shareholders that lost money on FTAI Aviation Ltd.(FTAI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Prnewswire· 2025-02-04 10:45
NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in FTAI Aviation Ltd. ("FTAI Aviation" or the "Company") (NASDAQ: FTAI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of FTAI Aviation investors who were adversely affected by alleged securities fraud between July 23, 2024 and January 15, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/ftai-aviation-ltd-law ...
Class Action Announcement for FTAI Aviation Ltd. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against FTAI Aviation Ltd.
GlobeNewswire News Room· 2025-02-03 19:42
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 ...
FTAI Aviation Ltd. Sued for Securities Law Violations - Contact The Gross Law Firm Before March 18, 2025 to Discuss Your Rights - FTAI
Prnewswire· 2025-02-03 10:45
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]
FTAI FRAUD REMINDER: A Class Action Lawsuit has been Filed against FTAI Aviation Ltd. for Fraud – Contact BFA Law before March 18 Deadline (NASDAQ:FTAI)
GlobeNewswire News Room· 2025-02-02 12:31
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].
FTAI INVESTOR DEADLINE: FTAI Aviation Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-02-01 15:05
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 ...
Class Action Announcement FTAI: A Securities Fraud Class Action Lawsuit Was Filed Against FTAI Aviation Ltd. (FTAI)
Prnewswire· 2025-02-01 01:06
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 ...