FTAI Aviation Class Action Lawsuit: What You Need to Know
In a significant development for investors of FTAI Aviation Ltd., a class action lawsuit is currently underway in the United States District Court for the Southern District of New York. Investors who sustained losses exceeding $100,000 from July 23, 2024, to January 15, 2025, are urged to take action before the March 18, 2025 deadline for filing lead plaintiff applications.
This alert comes from ClaimsFiler, a free service dedicated to assisting shareholders in navigating legal proceedings and empowering them to reclaim their investments. The lawsuit accuses FTAI Aviation and certain executives of failing to disclose vital information during the class period, which is crucial for investors whose financial well-being may have been compromised.
Background of the Class Action
The impetus for the class action suit stems from serious allegations made by Muddy Waters Research. On January 15, 2025, they reported that FTAI had allegedly engaged in various forms of financial manipulation. Key accusations include:
- - Misrepresentation of the size and scope of its aftermarket aerospace business.
- - Presenting whole engine sales as if they were individual module sales, misleading investors about the company's actual performance.
- - Inflating EBITDA margins through excessive depreciation in their leasing segment, which artificially enhanced financial indicators.
- - Engaging in