#United States #New York #Class Action #Levi Korsinsky #FTAI Aviation

FTAI Aviation Ltd. Shareholders Alert

A recent announcement from Levi & Korsinsky, LLP has significant implications for investors of FTAI Aviation Ltd. (NASDAQ: FTAI). The firm is reaching out to shareholders who suffered financial losses due to alleged securities fraud. This development is crucial for those who invested in FTAI from July 23, 2024, to January 15, 2025.

Understanding the Class Action Lawsuit

The class action lawsuit seeks to hold the company responsible for misinformation that potentially harmed investors. The key allegations include:
1. Misrepresentation of Sales: The complaint claims that FTAI treated one-time engine sales as revenue from maintenance and repair operations, misrepresenting the nature of income generated from these transactions.
2. Overstated Demand: It is alleged that FTAI misled investors by presenting complete engine sales as sales of individual modules, thus inflating reported sales figures.
3. Deceptive Depreciation Practices: The lawsuit also highlights concerns about the company’s depreciation practices which purportedly understate costs, resulting in inflated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization).
4. Misleading Positive Statements: Consequently, the information shared by the company about its business performance during this timeframe is said to have been materially misleading and lacking a reasonable basis.

Next Steps for Affected Shareholders

For investors who believe they were negatively impacted by FTAI's actions, the clock is ticking. The deadline to request the Court to appoint them as lead plaintiffs is March 18, 2025. However, it is important to note that even if you do not take on this role, you may still be eligible for compensation.

Engagement is encouraged, as this lawsuit presents an opportunity for shareholders to potentially recoup their losses without bearing upfront legal costs. Levi & Korsinsky, known for its expertise in handling complex securities litigation, assures shareholders that participation in the class does not require any out-of-pocket expenses.

The Expertise of Levi & Korsinsky

The law firm bringing forth this lawsuit has a strong track record, with over 20 years of experience in representing shareholders. They have successfully recovered hundreds of millions of dollars on behalf of investors and have been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of America's leading firms in securities litigation.

How to Get Involved

Shareholders wishing to learn more or participate in the class action are invited to reach out. Those interested can fill out the form provided by Levi & Korsinsky or contact Joseph E. Levi, Esq. via email or phone. With a dedicated team ready to assist, investors can find guidance and support through this complex process.

In conclusion, this class action represents a crucial method for FTAI shareholders to address their grievances. As the legal landscape surrounding corporate accountability shifts, staying informed will be key for investors aiming to safeguard their interests.

For more information, visit Levi & Korsinsky Law Firm’s website or contact them directly.