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Investor Notice: Robbins LLP Informs Stockholders of the FTAI Aviation Ltd. Class Action

1. Class action filed for FTAI securities bought between July 2024 and January 2025. 2. Allegations include misleading revenue reporting and manipulation of financial statements. 3. Muddy Waters Research accused FTAI of exaggerating its financial performance. 4. FTAI's stock fell 24.3% following the report's allegations.

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Why Very Bearish?

The allegations of financial manipulation and a significant stock price drop indicate severe investor distrust, as seen with other heavily scrutinized firms in past cases.

How important is it?

The article directly discusses allegations against FTAI that could severely affect its stock price and investor confidence.

Why Short Term?

The immediate impact of the stock drop and ongoing litigation will likely lead to short-term volatility, similar to other cases of financial misconduct.

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FTAI
SAN DIEGO, Jan. 22, 2025 /PRNewswire/ -- Robbins LLP informs investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired FTAI Aviation Ltd. (NASDAQ: FTAI) securities between July 23, 2024 and January 15, 2025. FTAI owns and acquires aviation and offshore energy equipment. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that FTAI Aviation Ltd. (FTAI) Misled Investors by Manipulating its Financial Statements According to the complaint, during the class period, defendants failed to disclose to investors: (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) that, 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. The complaint alleges that on January 15, 2025, Muddy Waters Research published a report alleging, among other things, that "FTAI materially manipulates its financials" by "exaggerating the size of its aftermarket aerospace business", "misleading investors by presenting whole engine sales as individual module sales", "inflating Aerospace Products' EBITDA margins by means of over-depreciation in the leasing segment", and "engaging in channel stuffing." On this news, FTAI's stock price fell $37.21, or 24.3%, to close at $116.08 per share on January 15, 2025. What Now: You may be eligible to participate in the class action against FTAI Aviation Ltd. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by March 18, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.  You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. To be notified if a class action against FTAI Aviation Ltd. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising.  Past results do not guarantee a similar outcome. SOURCE Robbins LLP

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