#USA #New York #Securities Fraud #Rosen Law Firm #FTAI Aviation

FTAI Aviation Class Action Lawsuit

Investors in FTAI Aviation Ltd. have an important opportunity in a recently filed class action lawsuit alleging securities fraud against the company, which trades on NASDAQ under the ticker FTAI. The Rosen Law Firm, a prominent global investor rights law firm, has announced the initiation of this lawsuit for securities purchases made between July 23, 2024, and January 15, 2025, referred to as the "Class Period." The key issue at hand involves alleged misrepresentations and omissions regarding the company's financial reporting, which may have inflated its market value.

Why This Matters

Investors who acquired FTAI securities during the stated period might be eligible for compensation without any out-of-pocket costs, thanks to a contingency fee arrangement. Under this arrangement, the Rosen Law Firm only gets paid if the lawsuit is successful, making it financially accessible for individual investors. The firm has emphasized the importance of acting quickly, as interested parties need to move the court by March 18, 2025, to serve as lead plaintiffs in the case.

Alleged Misconduct

The claims against FTAI suggest a failure to disclose critical financial details to investors, including improper revenue reporting practices. Specific allegations include:

• - Misreported Sales: The company is accused of classifying one-time engine sales as Maintenance Repair and Overhaul (MRO) revenues, despite being involved in limited repair services related to the sold engine assets.
• - Overstated Demand: FTAI purportedly misrepresents whole engine sales as individual module sales, thereby overstating their sales figures and the presumed demand within the market.
• - Inflated EBITDA: The firm allegedly depreciates engines that are not leased, which creates a misleadingly low reported cost of goods sold, ultimately inflating their earnings before interest, taxes, depreciation, and amortization (EBITDA).

As these details unfolded in the market, investors reportedly experienced significant financial losses, prompting the legal action.

Your Next Steps

For those who purchased FTAI securities during the Class Period, joining the class action can be a crucial step in seeking compensation. Interested investors can find more information or initiate their participation through the Rosen Law Firm's designated web page or by contacting Phillip Kim, Esq. directly via their toll-free number.

Additionally, it's crucial to note that until the class is officially certified, individual investors are not represented unless they make a formal arrangement with counsel. However, participation in the class action does not necessitate becoming a lead plaintiff, allowing investors to join without additional responsibilities.

Why Choose Rosen Law Firm

Rosen Law Firm has an impressive track record in securities class action lawsuits, often leading cases with successful outcomes for investors. The firm was recognized for achieving the largest securities class action settlement against a Chinese company at the time and has consistently ranked highly for the number of settlements achieved in the industry. Their team is experienced and includes many attorneys recognized within the legal community for their success in representing investors.

Conclusion

In light of the recent allegations against FTAI Aviation, investors have a momentous chance to act. Participation in this class action lawsuit could potentially recover financial losses tied to this alleged securities fraud. For continual updates and further details, following the Rosen Law Firm on their social media platforms such as LinkedIn, Twitter, and Facebook is advisable.

For more information or to begin the process of joining the action, reach out directly to Rosen Law Firm. This could be an essential step toward financial recovery for aggrieved investors of FTAI Aviation Ltd.