FTAI Aviation Class Action Lawsuit Alert
In a recent crucial update for investors, Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued an alert regarding a class action lawsuit filed against FTAI Aviation Ltd. This legal action pertains to those who acquired the company's securities between July 23, 2024, and January 15, 2025, also referred to as the "Class Period."
Key Details of the Lawsuit
The law firm reminds potential plaintiffs that the deadline to apply as lead plaintiff in this class action is
March 18, 2025. If you have suffered financial losses exceeding $100,000 from your investment in FTAI, it is imperative to act quickly to ensure you have a voice in the proceedings. The case is currently pending in the United States District Court for the Southern District of New York, specifically noted as
Shannahan v. FTAI Aviation Ltd., et al., No. 25-cv-541.
Allegations Against FTAI Aviation
The lawsuit claims that FTAI and some of its executives failed to disclose critical information that could affect investor decisions during the Class Period, thereby breaching federal securities laws. Concerns were raised by Muddy Waters Research, which accused FTAI of manipulating financial data to present an inflated picture of its performance. The report highlighted several key points of contention, including:
- - Misrepresentation of the size of FTAI's aftermarket aerospace business.
- - Misleading investors by differentiating whole engine sales from individual module sales.
- - Inflating EBITDA margins by excessively depreciating assets in their leasing segment.
- - Engaging in practices like channel stuffing.
Following these revelations on January 15, 2025, FTAI's stock plunged over 24%, closing at
$116.08 per share amid a notable spike in trading volume. Such a drastic fall exemplifies the impact of the alleged corporate malpractice on shareholders' values.
What Investors Should Do
For those affected, KSF offers resources to better understand your options. You may contact KSF Managing Partner
Lewis Kahn toll-free at
1-877-515-1850, or reach out via email at
email protected]. Additional information can be found at their website [KSF Counsel. It is important to note that engaging with KSF is free of charge and carries no obligation.
If you intend to pursue a role as lead plaintiff, it is crucial to submit your petition to the Court by the specified deadline. Taking such actions can greatly influence the recovery process for financial losses incurred.
About Kahn Swick & Foti, LLC
Kahn Swick & Foti, LLC is a leading boutique securities litigation law firm, representing a diverse clientele including public institutional investors, hedge funds, and individual retail investors. Under the leadership of Charles C. Foti, Jr., KSF's mission is tailored towards seeking recoveries for investment losses stemming from corporate fraud or negligence by publicly traded companies. The firm has established a reputation of excellence with offices spread across key locations including New York, Delaware, California, Louisiana, Chicago, and New Jersey.
If you are interested in learning more about KSF and their achievements, visit their official site at
www.ksfcounsel.com for comprehensive details.
Conclusion
The opportunity for investors to regain losses stemming from the FTAI case is time-sensitive. The actions taken in the coming weeks could significantly impact the outcomes for those financially affected. It is in every investor's best interest to stay informed and act swiftly.