1. FTAI shareholders can join a class action lawsuit for alleged misleading statements. 2. Claims include misreporting of engine sales as repair revenue. 3. The company allegedly inflated EBITDA figures, misleading investors. 4. Class period for the lawsuit spans July 2024 to January 2025. 5. Deadline to become a lead plaintiff is March 18, 2025.
The alleged misconduct could undermine investor confidence and lead to significant stock sell-offs, similar to past class action cases seen in companies like Enron.
The class action lawsuit highlights potential mismanagement or deceit, leading to diminished trust in FTAI's financial integrity.
Immediate legal implications may affect trading sentiment until resolution, as seen previously with companies facing class actions.
NEW YORK, Feb. 13, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of FTAI Aviation Ltd. (NASDAQ: FTAI).
Shareholders who purchased shares of FTAI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
https://securitiesclasslaw.com/securities/ftai-aviation-ltd-loss-submission-form/?id=128945&from=4
CLASS PERIOD: July 23, 2024 to January 15, 2025
The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that:
DEADLINE: March 18, 2025
Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/ftai-aviation-ltd-loss-submission-form/?id=128945&from=4
Once you register as a shareholder who purchased shares of FTAI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is March 18, 2025. There is no cost or obligation to you to participate in this case.
The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
The Gross Law Firm
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New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903
SOURCE The Gross Law Firm