FTAI Aviation(FTAI) Prnewswire·2025-03-18 07:13Core Viewpoint - A class action lawsuit has been filed against FTAI Aviation Ltd. for alleged violations of securities laws, specifically for making false and misleading statements regarding its financial performance and operations [1][4]. Summary by Sections Class Action Lawsuit - The Schall Law Firm is reminding investors of a class action lawsuit against FTAI Aviation for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased FTAI securities between July 23, 2024, and January 15, 2025, are encouraged to contact the firm before March 18, 2025 [2]. Allegations Against FTAI Aviation - The complaint alleges that FTAI made false and misleading statements, including reporting one-time engine sales as Maintenance Repair & Overhaul revenue despite limited repair work [4]. - The company is accused of overstating demand by misclassifying whole engine sales as individual module sales and inflating EBITDA by depreciating engines that were not leased [4]. - These misleading public statements caused investors to suffer damages when the truth about FTAI was revealed [4]. Legal Representation - The Schall Law Firm specializes in securities class action lawsuits and encourages affected shareholders to discuss their rights free of charge [3][5].