#United States #New York #Class Action #Levi Korsinsky #FTAI Aviation

Levi & Korsinsky Notice for FTAI Aviation Ltd. Shareholders

In a significant development for investors of FTAI Aviation Ltd. (NASDAQ: FTAI), the law firm of Levi & Korsinsky, LLP has notified shareholders about a class action securities lawsuit. This legal action arises from allegations of securities fraud that affected investors during a specific timeframe, from July 23, 2024, to January 15, 2025.

Key Details of the Case

The lawsuit aims to recover losses incurred by investors who believe they were misled by the company's misleading statements. The complaint alleges several serious infractions, including that:
1. The company misrepresented one-time engine sales as maintenance and repair revenue.
2. FTAI falsely categorized sales by presenting whole engine sales as individual module sales, potentially inflating their perceived demand and sales figures.
3. The depreciation methods employed by FTAI allegedly misrepresented the costs of goods sold, which contributed to an inflated EBITDA—earnings before interest, taxes, depreciation, and amortization.
4. Overall, positive statements made by the company's executives regarding its operations and prospects lacked a reasonable basis and were materially misleading.

These allegations, if proven accurate, could have significant ramifications not just for the company but also for the shareholders who relied on the integrity of the reported figures.

Important Deadlines

Investors in FTAI Aviation need to be aware of critical deadlines related to the lawsuit. Those who suffered losses during the specified timeframe are encouraged to consider requesting the Court appoint them as lead plaintiffs. The deadline for this action is set for March 18, 2025. It is important to note that participation in the lawsuit does not necessitate serving as a lead plaintiff to qualify for any potential recovery.

No Financial Risk to Participants

One of the most pressing concerns of any potential plaintiff is the cost involved. However, it is essential to convey that for FTAI class members, participating in this class action will incur no out-of-pocket costs or fees. This underlines the unique opportunity that shareholders have — to seek justice and compensation without the burden of upfront financial risk.

Why Choose Levi & Korsinsky?

Levi & Korsinsky, LLP has a renowned reputation in the field of securities litigation. With over two decades of experience, the firm has successfully secured hundreds of millions of dollars for shareholders in similar circumstances. Their expertise lies in navigating complex securities matters, and they boast a dedicated team of more than 70 professionals, ensuring every client receives individualized attention and support.
In recognition of their excellence, Levi & Korsinsky has consistently ranked among the top firms in the U.S., featured in the ISS Securities Class Action Services’ Top 50 Report for seven consecutive years.

Contact Information

For FTAI investors seeking additional information or assistance, Joseph E. Levi, Esq., and Ed Korsinsky, Esq., are available for consultations. They can be reached at their New York office:
33 Whitehall Street, 17th Floor, New York, NY 10004
Tel: (212) 363-7500
Email: contact@zlk.com

Investors are strongly encouraged to act swiftly and stay informed. The events surrounding FTAI Aviation Ltd. underscore the importance of vigilance and proactive engagement when it comes to managing investment risks and seeking recourse in situations of alleged misconduct.