#United States #New York #Class Action #Pomerantz LLP #FTAI Aviation

Class Action Lawsuit Against FTAI Aviation Ltd.

In a significant development for investors in FTAI Aviation Ltd. (NASDAQ: FTAI), Pomerantz LLP has announced the initiation of a class action lawsuit. This legal action arises from serious allegations of securities fraud and other unlawful business practices purportedly involving the company and certain executives. The firm is particularly focused on shareholders who suffered losses on their investments during the class period.

Background of the Lawsuit

Investors are being urged to come forward if they purchased FTAI securities, as they might have the opportunity to take a leading role in the lawsuit as Lead Plaintiffs. Shareholders are required to file their motions with the court by March 18, 2025. Contact details for those interested in participating have been provided; inquiries can be directed to attorney Danielle Peyton via email or telephone.

The focus of the allegations revolves around FTAI's financial reporting practices. On January 15, 2025, Muddy Waters Research released a damaging report which alleged that the company manipulated its financials. Specifically, it was claimed that FTAI exaggerated the size of its aerospace aftermarket business and misled investors through misleading sales presentations. Additionally, accusations included inflation of earnings before interest, taxes, depreciation, and amortization (EBITDA) margins through dubious accounting methods.

Following the publication of this report, FTAI's stock plummeted, closing at $116.08, a staggering drop of over 24% or $37.21 per share. Such a decline has undoubtedly intensified the concerns of shareholders regarding the integrity of FTAI's financial practices.

The Implications for Shareholders

This lawsuit underscores the vital importance of transparency and accuracy in corporate financial disclosures. For existing shareholders and potential investors, the outcome of this case could serve as a precedent regarding accountability in corporate governance and securities reporting.

Pomerantz LLP, a notable player in the realm of corporate, securities, and antitrust class litigation, has a long history of advocating for the rights of investors. Founded by Abraham L. Pomerantz, the firm has a reputation for recovering significant damages for shareholders who have fallen victim to corporate misconduct. The firm has won numerous cases over the past eight decades, establishing itself as a force in securing justice for investors.

How to Get Involved

Investors who believe they are affected by this lawsuit are encouraged to act swiftly. Besides reaching out to Pomerantz LLP, those who seek to join the class action are also advised to gather relevant investment records, including the number of shares purchased and transaction details, to facilitate the legal process.

In summary, the allegations against FTAI Aviation highlight broader issues within corporate governance and investor protections in today's marketplace. As the lawsuit unfolds, shareholders will keenly be watching the developments and ultimately seeking to reclaim their losses through the legal avenues presented.

Contact Information for Interested Investors:

• - Danielle Peyton

Pomerantz LLP
Email: [email protected]
Phone: 646-581-9980 Ext. 7980

For those seeking further information or to view the full complaint, more details can be found at Pomerantz Law Firm's website.