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FTAI Lawsuit Lead Plaintiff Deadline Is March 18th- Contact the DJS Law Group to Discuss Your Rights
FTAIFTAI Aviation(FTAI) Prnewswire·2025-03-18 07:22

Core Viewpoint - A class action lawsuit has been initiated against FTAI Aviation Ltd. for alleged violations of federal securities laws, particularly concerning misleading financial reporting practices [1][2]. Group 1: Lawsuit Details - The lawsuit claims that FTAI misrepresented one-time engine sales as Maintenance Repair & Overhaul revenue, despite minimal repair work being performed on the sold engines [2]. - The company is accused of overstating demand by categorizing whole engine sales as individual module sales [2]. - Additionally, FTAI allegedly reduced the cost of goods sold and inflated EBITDA by depreciating engines that were not leased [2]. Group 2: Shareholder Information - Shareholders who purchased FTAI securities between July 23, 2024, and January 15, 2025, are encouraged to contact the DJS Law Group to participate in the lawsuit [1][3].