Class Action Alert: FTAI Aviation Ltd. Shareholder Lawsuit and Key Deadlines Ahead

The Gross Law Firm has recently issued a notification to shareholders of FTAI Aviation Ltd. (NASDAQ: FTAI) about a class action lawsuit that could impact many investors. If you've purchased shares of FTAI between July 23, 2024, and January 15, 2025, it's crucial to be aware of the specifics and associated deadlines of this case.

Allegations

The lawsuit stems from allegations that during the class period, FTAI provided material misstatements and failed to disclose critical information about its business operations. Specifically, the complaints suggest that:

1. FTAI erroneously reported one-time engine sales as revenue from maintenance and repair work. In reality, the company only performs limited repair and maintenance on the engines it sells.
2. The firm misleadingly presented whole engine sales as individual module sales, ultimately inflating perceived sales and consumer demand.
3. FTAI shores up its financial records by depreciating engines that are not on lease, which misrepresents the cost of goods sold, thereby artificially inflating EBITDA.
4. Consequently, statements made by the defendants regarding the company's business health, operations, and future prospects were severely misleading and lacked a sound basis.

Important Deadlines

The deadline for shareholders to register as a part of this class action is March 18, 2025. It's essential not to procrastinate; early registration can provide you with updates and insights regarding the case's progression.

Once registered, affected shareholders can utilize portfolio monitoring software to receive real-time updates throughout the case's lifecycle. This resource ensures that shareholders remain informed about any developments or necessary actions.

How to Register

To register, impacted shareholders should visit the link provided in the notification from The Gross Law Firm. Registration is free of cost and poses no obligation on your part to pursue legal action. It's a crucial step for all shareholders looking to protect their rights and potentially recover losses from this situation.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized for its dedication to safeguarding investors' rights. With a mission to fight against deceit and illegal business practices, the firm operates on behalf of those affected by misleading statements and inadequate disclosures made by businesses. Their commitment to good corporate citizenship and ethical practices sets them apart in the field of class action representation.

In conclusion, if you are a shareholder of FTAI Aviation Ltd. who purchased shares during the specified period, it is vital to take immediate action regarding this class action lawsuit and mark your calendar for the upcoming registration deadline of March 18, 2025. Protecting your investment doesn't have to be a daunting task, and with the right resources and guidance, you can navigate these proceedings with greater confidence.

For more information or to register, visit The Gross Law Firm or contact them directly at their New York office.