Class Action Filed Against FTAI Aviation Ltd. (FTAI) Seeking Recovery for Investors

Core Viewpoint - A class action securities lawsuit has been filed against FTAI Aviation Ltd. alleging securities fraud that affected investors between July 23, 2024, and January 15, 2025 [1][2]. Summary by Sections Class Action Details - The lawsuit aims to recover losses for investors who were adversely affected by alleged fraudulent activities during the specified period [1]. - The complaint claims that FTAI Aviation misrepresented its financial performance by reporting one-time engine sales as maintenance repair and overhaul revenue, overstating sales and demand, and misleadingly lowering the reported cost of goods sold [2]. Allegations Against FTAI Aviation - The company allegedly reported one-time engine sales as maintenance revenue despite only performing limited repair work [2]. - FTAI is accused of presenting whole engine sales as individual module sales, which inflated sales figures [2]. - The company reportedly depreciates engines not on lease, which misrepresents the cost of goods sold and inflates EBITDA [2]. - Positive statements made by the company regarding its business and prospects were claimed to be materially misleading [2]. Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until March 18, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Firm Background - Levi & Korsinsky has a history of securing significant compensation for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].