#USA #San Diego #Class Action #Securities Fraud #FTAI Aviation

FTAI Aviation Ltd. Investor Alert

The Robbins Geller Rudman & Dowd LLP law firm has called upon investors who have encountered significant financial losses in FTAI Aviation Ltd. (NASDAQ: FTAI) to consider joining a class action lawsuit. This legal action stems from accusations against the company regarding financial misstatements made during the period from July 23, 2024, to January 15, 2025. Potential plaintiffs are advised that they have until March 18, 2025, to apply for lead plaintiff status in this lawsuit, titled Shannahan v. FTAI Aviation Ltd., filed in the Southern District of New York.

Allegations Against FTAI Aviation

The lawsuit specifies multiple counts of misleading conduct by FTAI Aviation and some of its top executives, contravening the Securities Exchange Act of 1934. Notably, the allegations indicate that FTAI Aviation misrepresented its earnings by not properly categorizing revenue derived from its aviation equipment transactions. Instead of distinguishing between one-time sales and ongoing maintenance agreements, FTAI purportedly listed these as maintenance revenue. This misclassification could have inflated the company's apparent financial health, consequently misleading shareholders.

Further allegations include that FTAI reportedly presented complete engine sales as individual component sales, thereby exaggerating both its sales figures and demand. Additionally, a problematic depreciation strategy for engines not currently on lease has been accused of lowering the reported cost of goods sold, consequently inflating the company's EBITDA figures.

On January 15, 2025, Muddy Waters Research released a report alleging that FTAI was materially manipulating its financial results, which raised red flags among investors. The report notably stated that FTAI was misleading investors regarding the scale of its aftermarket aerospace operations, which resulted in a dramatic decrease in FTAI's stock price—falling over 24% in response to these revelations.

Understanding the Lead Plaintiff Process

The Private Securities Litigation Reform Act of 1995 permits any investor who purchased FTAI securities during the defined class period to step forward and seek lead plaintiff status. The lead plaintiff is typically chosen based on financial interest in the case's outcome, as well as their ability to represent the collective interests of all affected shareholders. They can select the law firm that will represent the class, which in this case is Robbins Geller, a leading firm in securities fraud cases.

It's crucial to note that participation in the lawsuit doesn't require an investor to serve as the lead plaintiff to share in any potential recovery. The nature of class action proceedings allows for equitable distribution of any monetary relief awarded.

About Robbins Geller

With a commendable track record in representing investors facing securities fraud, Robbins Geller has recovered over $6.6 billion for clients in similar cases. As one of the largest plaintiffs' firms in the world, they have been recognized time and again for their commitment to securing justice for defrauded investors, including securing the largest recovery in securities class action history amounting to $7.2 billion in the Enron case. Their proficiency and experience present strong support for investors willing to take part in the FTAI class action.

For more information, affected investors are encouraged to visit Robbins Geller's dedicated page for assistance. Should you wish to discuss your situation or have questions, you can reach out via phone at 800-449-4900 or email at [email protected].

Join others who are seeking accountability and justice within this class of investors. Act now to assert your claim and potentially recover losses sustained during these troubling times for FTAI Aviation.