StockNews.AI
FTAI
StockNews.AI
346 days

INVESTIGATION ALERT (NASDAQ: FTAI): DiCello Levitt LLP Is Investigating Investor Claims Against FTAI Aviation Ltd. and Encourages FTAI Investors with Losses to Contact the Firm

1. FTAI is under investigation for potential federal securities law violations. 2. Muddy Waters Research alleges FTAI inflated revenues through accounting manipulation. 3. On January 15, 2025, FTAI's stock price dropped 24.27% due to these allegations. 4. Investors claim FTAI misrepresented aerospace business size, affecting stock valuation. 5. No formal class action has been filed or certified against FTAI yet.

5m saved
Insight
Article

FAQ

Why Bearish?

The allegations seriously impact investor trust. Similar past instances have led to significant stock declines.

How important is it?

Ongoing investigations can lead to severe stock price volatility, influencing investor sentiment.

Why Short Term?

Immediate market reactions are expected due to ongoing investigations and public scrutiny.

Related Companies

FTAI
SAN DIEGO, Jan. 17, 2025 (GLOBE NEWSWIRE) -- DiCello Levitt LLP announces that it is investigating whether FTAI Aviation Ltd. (“FTAI” or the “Company”) (NASDAQ: FTAI) violated the federal securities laws, issued false and/or misleading statements, and/or failed to disclose information required to be disclosed to investors. Investors who purchased FTAI securities and those with information about the allegations are encouraged to obtain additional information and assist the firm’s investigation by contacting DiCello Levitt attorneys Brian O’Mara or Ruben Peña by calling (888) 287-9005 or emailing investors@dicellolevitt.com. No Case Has Been Filed and No Class Has Been Certified. Until a case is filed and a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. Investigation Details: FTAI is a provider of aftermarket power and maintenance for commercial jet engines that also leases jet engines and aerospace products. DiCello Levitt is investigating whether FTAI misrepresented and/or failed to disclose material information to inflate the revenue margins of its Aerospace Products segment through accounting manipulation practices. On January 15, 2025, Muddy Waters Research published a critical research report titled “FTAI Aviation: Financial Engineering and Accounting Manipulation in the MRO Business,” alleging, among other things, that “FTAI is exaggerating the size of its aftermarket aerospace business” by “[i]nflating Aerospace Products’ EBITDA margins by means of over-depreciation in the leasing segment.” According to the report, Muddy Waters Research claims that FTAI “is misleading investors by reporting one-time engine sales as Maintenance Repair & Overhaul (MRO) revenue in its Aerospace Products (AP) segment” to “generate a valuation materially greater than that of a leasing business.” Muddy Waters Research also claims “the goal of these misrepresentations” was to enable Fortress to sell “significant stock in a May 2024 secondary offering on the back of FTAI’s misleading narrative.” On this news, the price of FTAI common stock fell $37.21 per share, from a closing price of $153.29 per share on January 14, 2025, to a closing price of $116.08 per share on January 15, 2025, a decline of 24.27% on heavy volume. About DiCello Levitt: At DiCello Levitt, we are dedicated to achieving justice for our clients through class action, business-to-business, public client, whistleblower, personal injury, civil and human rights, and mass tort litigation. Our lawyers are highly respected for their ability to litigate and win cases – whether by trial, settlement, or otherwise – for people who have suffered harm, global corporations that have sustained significant economic losses, and public clients seeking to protect their citizens’ rights and interests. Every day, we put our reputations – and our capital – on the line for our clients. DiCello Levitt has achieved top recognition as Plaintiffs Firm of the Year and Trial Innovation Firm of the Year by the National Law Journal, in addition to its top-tier Chambers and Benchmark ratings. The New York Law Journal also recently recognized DiCello Levitt as a Distinguished Leader in trial innovation. For more information about the firm, including recent trial victories and case resolutions, please visit www.dicellolevitt.com. Attorney Advertising. Prior results do not guarantee a similar outcome. Media Contact Amy Coker4747 Executive Drive, Suite 240San Diego, CA 92121619-963-2426investors@dicellolevitt.com

Related News