FTAI Aviation(FTAI)

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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 ...
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of FTAI Aviation
GlobeNewswire News Room· 2025-02-19 15:42
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Company Short Name To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 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. 19, 2025 ...
Contact Levi & Korsinsky by March 18, 2025 Deadline to Join Class Action Against FTAI Aviation Ltd.(FTAI)
Prnewswire· 2025-02-18 10:45
NEW YORK, Feb. 18, 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-la ...
FTAI Shareholder Reminder: Kessler Topaz Meltzer & Check, LLP Reminds FTAI Aviation Ltd. (FTAI) Shareholders of Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2025-02-15 01:37
RADNOR, Pa., Feb. 14, 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 ...
Shareholders of FTAI Aviation Ltd. Should Contact The Gross Law Firm Before March 18, 2025 to Discuss Your Rights - FTAI
Prnewswire· 2025-02-13 10:45
NEW YORK, Feb. 13, 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=128945&from=4CLASS PERIOD: July 23, 2024 to ...
FTAI AVIATION SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against FTAI Aviation Ltd. – FTAI
GlobeNewswire News Room· 2025-02-12 03:30
Core Viewpoint - A securities class action lawsuit has been filed against FTAI Aviation Ltd. for failing to disclose material information, with a deadline for lead plaintiff applications set for March 18, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that FTAI and certain executives violated federal securities laws by not disclosing important information during the class period from July 23, 2024, to January 15, 2025 [1][3]. - The case is identified as Shannahan v. FTAI Aviation Ltd., et al., No. 25-cv-541 [5]. Group 2: Allegations Against FTAI - Muddy Waters Research reported that FTAI allegedly manipulated its financials by exaggerating its aftermarket aerospace business, misleading investors regarding sales, inflating EBITDA margins, and engaging in channel stuffing [4]. - Following the report, FTAI's stock price dropped over 24%, closing at $116.08 per share on January 15, 2025, with unusually high trading volume [4]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a boutique securities litigation law firm, is representing investors in this case, with a focus on recovering losses from corporate fraud [5].