#United States #Los Angeles #Securities Fraud #FTAI Aviation Ltd #Glancy Prongay Murray

FTAI Aviation Ltd. Faces Legal Challenges

Recent developments involving FTAI Aviation Ltd. have led to significant concerns among investors. Following a troubling period for the company, it has come to light that numerous investors who have faced losses now have an opportunity to lead a class action lawsuit addressing alleged securities fraud.

Background on the Allegations

FTAI Aviation Ltd., traded on NASDAQ under the ticker FTAI, is being scrutinized due to accusations involving improper reporting and misleading statements. The class action, initiated by Glancy Prongay & Murray LLP, includes claims that the company misrepresented its sales reporting between July 23, 2024, and January 15, 2025.

Key Points from the Complaint:

1. Improper Revenue Reporting: The complaint claims FTAI reported one-time engine sales as if they were regular Maintenance Repair and Overhaul (MRO) revenue. This assertion raises questions about the company's actual revenue-generating activities and suggests a possible distortion of financial data.

2. Misleading Sales Representation: Allegations suggest that FTAI presented whole engine sales individually as module sales, resulting in inflated figures for sales and demand. Such reporting could mislead investors regarding the company's market performance and future outlook.

3. Depreciation Issues: The firm's method of depreciating engines not on lease may further obscure the true cost of goods sold, potentially inflating the company’s EBITDA artificially, which investors often utilize to assess financial health.

4. Misleading Statements: The cumulative effect of the aforementioned practices is said to have led to materially misleading statements about the company's operations, financial condition, and growth prospects.

Given these allegations, investors are encouraged to analyze their positions. Those who have experienced losses are urged to consider participating in the class action lawsuit as they might have the chance to reclaim their losses.

How to Get Involved

If you are an investor who has experienced financial setbacks due to your engagement with FTAI, now is a pivotal moment. To participate in the lawsuit or seek further information, you can contact Glancy Prongay & Murray LLP before the lead plaintiff deadline, which is set for March 18, 2025.

Contact Information

For any inquiries or to express interest in joining the lawsuit, reach out to Charles Linehan at Glancy Prongay & Murray LLP. Contact details include:

• - Email: [email protected]
• - Phone: 310-201-9150
• - Toll-Free: 888-773-9224

It's important to note that while immediate action is not required to be a class member, interested investors can choose to retain legal counsel or remain passive participants in the ongoing lawsuit.

Conclusion

The unfolding legal circumstances surrounding FTAI Aviation Ltd. represent a critical juncture for affected investors. By becoming part of the class action lawsuit, there lies potential for recourse, offering investors a pathway to address their financial setbacks. With the deadline approaching, those who have lost money should act promptly to ensure their interests are represented.