#United States #New York #Securities Fraud #Pomerantz LLP #FTAI Aviation

Legal Action Against FTAI Aviation Ltd.

The prominent law firm Pomerantz LLP has announced a class action lawsuit against FTAI Aviation Ltd. (NASDAQ: FTAI), alerting investors who have suffered losses related to their investments in the company. With key deadlines approaching for those potentially affected, it is crucial for impacted investors to take note of the developments.

Background of the Lawsuit

On February 18, 2025, Pomerantz LLP issued a notice to current and former investors in FTAI, inviting them to join the class action lawsuit. This step follows serious allegations raised by Muddy Waters Research, which published a report suggesting that FTAI was manipulating its financial statements. According to the report, FTAI exaggerated the scale of its aftermarket aerospace ventures, misled its investors regarding its sales figures, and inflated certain financial metrics, leading to a severe drop in stock price.

On January 15, 2025, the publication of this report resulted in a significant decrease in the share price of FTAI, which fell by 24.27%, closing at $116.08 per share. Investors who acquired FTAI securities during this critical period are urged to gather and submit pertinent information to Pomerantz LLP if they wish to join the lawsuit.

How to Join the Class Action

Affected investors are encouraged to contact Danielle Peyton at Pomerantz LLP at [email protected] or call 646-581-9980. The firm advises prospective plaintiffs to provide their mailing address, phone number, and details regarding the number of shares purchased to facilitate the process. Notably, March 18, 2025, serves as a crucial deadline by which investors must request to be appointed as Lead Plaintiffs in this case.

Overview of Allegations

The Muddy Waters report highlights several critical accusations against FTAI, including:

• - Misrepresentation of financial figures by inflating its aftermarket aerospace business size.
• - Presenting whole engine sales misleadingly as sales of individual modules to investors.
• - Engaging in over-depreciation tactics within its leasing segment to portray inflated EBITDA margins.
• - Practicing channel stuffing, wherein the company allegedly overstates sales by shipping excessive products, effectively manipulating quarterly revenues.

These claims paint a troubling picture regarding the ethical conduct of FTAI leadership and raise important questions about the company's operational transparency.

Pomerantz LLP's Legacy

Pomerantz LLP, founded 85 years ago, is known for its nationwide reputation in corporate and class action litigation. With a history of securing billions in damages for class members affected by securities fraud and corporate misconduct, the firm is recognized as a stalwart advocate for investor rights. The firm has historically been at the forefront of fighting for change in corporate governance and financial accountability, holding companies accountable for dishonest practices that harm investors.

Finally, it should be noted that participation in this class action does not guarantee similar outcomes, and prospective plaintiffs must make informed decisions based on the advice of experienced legal counsel. For further updates regarding this class action lawsuit, investors should continue to follow developments from Pomerantz LLP and other relevant sources.

Conclusion

As the deadline approaches, investors who have suffered losses due to FTAI's alleged practices must act swiftly. The class action lawsuit presents an opportunity for accountability and potential recovery of losses suffered. Given the complexities involved, it is advised that affected investors take prompt action and consult with legal professionals specializing in securities fraud claims.