StockNews.AI
FTAI
StockNews.AI
175 days

Class Action Filed Against FTAI Aviation Ltd. (FTAI) Seeking Recovery for Investors - Contact Levi & Korsinsky

1. FTAI faces a class action lawsuit over alleged securities fraud. The case focuses on misreporting revenue. 2. Complaint alleges false statements regarding engine sales and maintenance revenue. Investors were misled. 3. Lawsuit claims improper depreciation inflates EBITDA. The accusation undermines financial transparency. 4. Affected period is July 2024 to January 2025. Investors must act by March 18, 2025.

4m saved
Insight
Article

FAQ

Why Bearish?

The lawsuit introduces significant legal and reputational risks. Similar securities litigation cases have historically led to downward pressure on stock prices.

How important is it?

The legal challenge over alleged misrepresentations is significant and directly impacts investor confidence. Historical precedents indicate that such litigation can materially affect the stock’s valuation.

Why Short Term?

Immediate legal proceedings and negative investor sentiment are likely to affect the stock price in the near term. Past cases show that such lawsuits can trigger swift market reactions.

Related Companies

NEW YORK, Feb. 25, 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-lawsuit-submission-form?prid=131747&wire=4 FTAI investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company reported one-time engine sales as maintenance repair & overhaul revenue when FTAI only performs limited repair and maintenance work on the engine assets sold; (2) FTAI presents whole engine sales as individual module sales, thereby overstating sales and demand; (3) the Company depreciates engines that are not on lease, which misleadingly lowers the reported cost of goods sold and inflates EBITDA; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. WHAT'S NEXT? If you suffered a loss in FTAI Aviation during the relevant time frame, you have until March 18, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. CONTACT:Levi & Korsinsky, LLP Joseph E. Levi, Esq.Ed Korsinsky, Esq.33 Whitehall Street, 17th FloorNew York, NY 10004[email protected]Tel: (212) 363-7500Fax: (212) 363-7171www.zlk.com SOURCE Levi & Korsinsky, LLP

Related News