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FTAI Aviation Ltd. Class Action Lawsuit

Important Update for Shareholders

Shareholders of FTAI Aviation Ltd., traded under NASDAQ as FTAI, are urged to take note of the developments surrounding a pending class action lawsuit. This legal action, spearheaded by The Gross Law Firm, concerns shareholders who acquired shares during a specific class period, which runs from July 23, 2024, to January 15, 2025. It is expected that eligible shareholders contact the firm for potential lead plaintiff appointments before the deadline on March 18, 2025.

Background of the Case

Under this class action framework, the plaintiffs allege that FTAI Aviation's - a pivotal player in the aviation industry - financial disclosures reflected misleading information, unfairly impacting its stock performance. The complaint outlines several claims:

1. Misleading Revenue Reporting: The firm allegedly reported one-time engine sales as part of its maintenance, repair, and overhaul (MRO) income, despite its limited engagement in actual repair and maintenance of the sold engine assets.

2. Sales Figures Overstatement: FTAI purportedly presented whole engine sales as if they were individual module sales, leading to inflated sales figures and demand projections.

3. Manipulation of Depreciation: The company has been accused of depreciating engines that were not on lease, which resulted in a misconstrued cost of goods sold figure and an inflated EBITDA margin.

4. Deceptive Communication: Owing to the aforementioned misrepresentations, the positive assertions regarding the company's business operations and future prospects were found materially misleading or lacking a sound foundation.

What Shareholders Should Know

It is crucial for shareholders who bought FTAI shares during the class period to act swiftly. Registrations for this class action lawsuit can be done through the link provided by The Gross Law Firm. Failure to register before the deadline might limit a shareholder’s ability to participate in any recovery related to the suit.

Once registered, shareholders will be enrolled in proprietary portfolio monitoring software—designed to keep them informed on the case's progress and developments. This ensures that all registered parties receive timely updates on essential case milestones throughout the duration of its lifecycle.

Next Steps for Interested Shareholders

Interested parties can register their information through the dedicated form available here.

Note that there is no associated cost or obligation for shareholders to join the class action. The Gross Law Firm emphasizes that protecting the rights of investors who may have faced losses due to deceit or fraud is paramount to their mission.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to securing justice for investors who have suffered due to misleading corporate practices. They advocate for responsible company behavior, aimed at holding firms accountable for their actions that affect stock value and investor trust.

This development is crucial, and shareholders are encouraged to remain vigilant regarding their investments. Being proactive can significantly impact the outcome of the case and their individual recovery prospects.

For further inquiries or to discuss the details of the lawsuit, shareholders may contact:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY 10018
Email: [email protected]
Phone: (646) 453-8903