Important Information for Investors: Rosen Law Firm Reminds Buyers of FTAI Aviation Ltd. Securities of Their Rights and Lead Plaintiff Deadline
NEW YORK, Feb. 11, 2025 – Rosen Law Firm, a global investor rights law firm, issues a reminder to purchasers of FTAI Aviation Ltd. (FTAI) securities between July 23, 2024, and January 15, 2025 (the “Class Period”), regarding their potential role as lead plaintiff in a securities class action. The lawsuit alleges that FTAI and certain of its officers and directors made false and/or misleading statements and/or failed to disclose material information during the Class Period, violating the Securities Exchange Act of 1934.
Background
FTAI Aviation Ltd. is a global provider of aviation services, including aircraft leasing, maintenance, repair, and overhaul. The company’s mission is to deliver cost-effective solutions to its customers, enabling them to operate their fleets efficiently and profitably. FTAI’s shares were traded on the NASDAQ under the symbol FTAI.
Alleged Misstatements
The complaint alleges that during the Class Period, FTAI and certain of its executives made materially false and misleading statements regarding the company’s financial condition, business prospects, and compliance with applicable laws and regulations. Specifically, the complaint alleges that the defendants failed to disclose:
- The true financial condition of FTAI, including its liquidity and cash flow issues;
- The existence of material weaknesses in FTAI’s internal controls over financial reporting;
- The fact that FTAI was not in compliance with certain lease agreements and regulatory requirements;
- The true reason for the resignation of FTAI’s former CFO;
Impact on Individual Investors
If you purchased FTAI securities during the Class Period, you may be eligible to recover your losses, as a result of the defendants’ misrepresentations, through the securities class action. The lead plaintiff is usually the investor with the largest financial investment in the affected securities who files the lawsuit before the lead plaintiff deadline. If you wish to serve as lead plaintiff, you must meet certain eligibility criteria, including holding a significant number of shares during the Class Period and not selling those shares prior to the filing of the lawsuit.
Impact on the World
The alleged misstatements by FTAI and its executives have potentially far-reaching consequences. By misrepresenting its financial condition and business prospects, FTAI may have attracted investors who were unaware of the risks involved. This could lead to an inflated stock price, which, in turn, could negatively impact other investors and the overall aviation industry. The lawsuit may also serve as a reminder to companies to maintain transparency and accuracy in their financial reporting.
Lead Plaintiff Deadline
The lead plaintiff deadline in this securities class action is March 18, 2025. If you wish to serve as lead plaintiff, you must file a motion with the court before this deadline. Rosen Law Firm encourages investors to contact them as soon as possible for more information.
For more information about the class action, please visit [email protected] or call (212) 614-5400.
Conclusion
Rosen Law Firm reminds investors of their potential role as lead plaintiff in a securities class action against FTAI Aviation Ltd. for alleged misrepresentations during the Class Period. The lawsuit alleges that FTAI and certain of its executives failed to disclose material information, leading to inflated stock prices and potential losses for investors. The lead plaintiff deadline is March 18, 2025. If you purchased FTAI securities during the Class Period and wish to serve as lead plaintiff, please contact Rosen Law Firm as soon as possible.
The alleged misstatements by FTAI have potential far-reaching consequences, impacting individual investors and the overall aviation industry. By maintaining transparency and accuracy in financial reporting, companies can help mitigate the risks of securities fraud and protect investors.
