#USA #New York #Class Action #The Gross Law Firm #FTAI Aviation

FTAI Aviation Ltd. Class Action Reminder

FTAI Aviation Ltd. (NASDAQ: FTAI) investors are being notified by The Gross Law Firm of an impending class action lawsuit. Shareholders who purchased shares between July 23, 2024, and January 15, 2025, are encouraged to register for participation. The deadline for becoming a lead plaintiff in this case is March 18, 2025. Here’s everything you need to know about the situation.

Background on the Class Action

The lawsuit alleges several misleading actions by FTAI during the class period that potentially inflated the company's stock value. More specifically, it claims that:
1. Misreported Revenue: FTAI reportedly classified one-time engine sales as maintenance revenue, despite the company only performing limited repair work on these engines.
2. Sales Presentation Issues: FTAI allegedly presented complete engine sales misleadingly, labeling them as individual module sales. This is said to have overstated both sales and market demand.
3. Depreciation Manipulation: The firm is criticized for depreciating engines that are not leased, leading to a misleading decrease in the reported cost of goods sold, thereby inflating the earnings before interest, taxes, depreciation, and amortization (EBITDA).
4. Misleading Statements: As a consequence of the above actions, many of the positive assertions made by the company regarding its operations and future prospects have been deemed misleading and unfounded.

Next Steps for Shareholders

Eligible shareholders are advised to visit the Gross Law Firm’s official website to register their information. By participating, they will gain access to a monitoring portfolio that will keep them updated on the lawsuit's progress. It’s crucial for all impacted shareholders to act promptly, as the March 18, 2025, deadline is fast approaching.

Having a clear understanding of the situation helps shareholders make informed decisions regarding their investments. Participating in the class action does not require any financial commitment from the investors, and it provides an opportunity to seek redress for any financial losses incurred due to the alleged deceitful practices by FTAI.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to safeguarding the rights of investors. The firm aims to hold companies accountable for their actions and ensure transparency in business practices. Investors who have suffered losses due to misleading corporate actions are encouraged to seek assistance. Previous case results do not guarantee similar outcomes, but the firm's proactive approach has proven effective in challenging corporate misconduct.

For those who wish to register for participation or want to understand their rights, they can reach The Gross Law Firm through the contact methods provided in their announcements.

Conclusion

In conclusion, FTAI Aviation Ltd. shareholders have an important opportunity to assert their rights in light of the pending class action lawsuit. The case addresses serious allegations of misleading information that potentially harmed investors. Time is of the essence, and prompt action is recommended to avail oneself of the benefits associated with the class action.

For further information, shareholders can follow the link for registration and updates: FTAI Aviation Class Action Registration.

Shareholders are strongly advised to stay informed and participate before the deadline to secure their rights.