#United States #Kessler Topaz #Securities Fraud #Radnor #FTAI Aviation

Kessler Topaz Meltzer & Check, LLP Alerts Investors

Kessler Topaz Meltzer & Check, LLP, a prominent legal firm, has recently issued an important announcement for investors concerning FTAI Aviation Ltd. The firm has confirmed that a class action lawsuit has been initiated against FTAI Aviation, publicly trading under the NASDAQ ticker FTAI. This action is particularly significant for those investors who acquired FTAI securities during the specific period from July 23, 2024, to January 15, 2025. The set date for the lead plaintiff is March 18, 2025.

Understanding the Allegations

The lawsuit, brought forth by Kessler Topaz Meltzer & Check, LLP, claims that the defendants at FTAI made a series of materially misleading statements and failed to disclose crucial adverse facts about the company's business operations and financial health during the Class Period. These alleged misstatements and omissions might have influenced the stock market and investor decisions, resulting in financial harm to class members.

Among the key allegations, it is stated that:
1. FTAI misclassified one-time engine sales as Maintenance Repair and Overhaul (MRO) revenue, despite only performing limited repair and maintenance on the sold engine assets.
2. The company allegedly represented whole engine sales as individual module sales, leading to an inflated perception of sales and demand.
3. FTAI’s practice of depreciating engines that were not currently leased inadvertently lowered its reported cost of goods sold, which subsequently inflated its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).
4. These practices led to misrepresented statements regarding FTAI’s business operations, which lacked a reasonable basis.

The Role of Lead Plaintiffs

Kessler Topaz Meltzer & Check, LLP has extended an invitation to other investors affected by FTAI's conduct, underscoring the importance of participation in the lawsuit. Interested investors should seek to be designated as lead plaintiffs by the deadline of March 18, 2025. A lead plaintiff serves as a representative for the class, guiding the litigation and making decisions in the best interest of all members involved in the case.

Acceding to this role typically involves an investor or a small group of investors who hold the most substantial financial interest in the lawsuit. Additionally, they are responsible for selecting counsel to represent the class, which must be court-approved. It is essential to note that participating as a lead plaintiff does not affect the ability to receive compensation from any financial recovery obtained through the litigation.

Encouragement to Reach Out

Kessler Topaz Meltzer & Check, LLP strongly encourages any investors who have experienced losses associated with FTAI to reach out for further information and support. Investors can contact attorney Jonathan Naji at (484) 270-1453 or via email at [email protected]. The firm’s commitment to protecting investors, consumers, and the public from fraud and misconduct is evident and speaks volumes about their mission.

About Kessler Topaz Meltzer & Check, LLP

Renowned for its excellence in prosecuting class actions, Kessler Topaz Meltzer & Check, LLP works throughout state and federal courts both domestically and internationally. The firm has successfully recovered billions of dollars for victims of corporate misconduct and fraud. The firm operates on a guiding principle aimed at defending investors while holding corporations accountable for their actions.

For those interested in becoming involved in the lawsuit or needing more information, Kessler Topaz Meltzer & Check, LLP provides a dedicated avenue for prospective clients: CLICK HERE to learn more about this case and to see if they may qualify as class members or lead plaintiffs.