Bronstein, Gewirtz & Grossman, LLC Announces Class Action Lawsuit Against FTAI Aviation Ltd.
New York, NY – March 2, 2025
Bronstein, Gewirtz & Grossman, LLC, a prominent national law firm, has announced the filing of a class action lawsuit against FTAI Aviation Ltd. (“FTAI Aviation” or “the Company”) (NASDAQ: FTAI) and certain of its officers. The lawsuit alleges violations of the Securities Exchange Act of 1934.
Background
FTAI Aviation is a leading provider of aviation services, including aircraft maintenance, repair, and overhaul services. The Company operates through its subsidiaries, including FTAI Aviation Services, Inc. and FTAI Aviation Holdings, Inc.
Allegations
The complaint alleges that FTAI Aviation and its officers made false and misleading statements and failed to disclose material information to investors. Specifically, the complaint alleges that the Company misrepresented the financial health of its subsidiaries and the impact of a contract termination on its financial results.
Impact on Investors
As a result of these alleged false statements and omissions, FTAI Aviation’s stock traded at artificially inflated prices between May 1, 2023 and November 1, 2023. Investors who purchased FTAI Aviation securities during this period may be eligible to recover their losses.
Impact on the World
The impact of this lawsuit on the aviation industry as a whole is unclear at this time. However, if the allegations are proven true, it could potentially lead to increased scrutiny of other companies in the industry and potentially impact investor confidence in the sector.
Next Steps
If you are a shareholder of FTAI Aviation and purchased FTAI Aviation securities between May 1, 2023 and November 1, 2023, you are encouraged to contact Bronstein, Gewirtz & Grossman, LLC to discuss your legal rights and potential remedies. You can also visit the firm’s website at www.bgandg.com for more information.
Conclusion
The filing of this class action lawsuit against FTAI Aviation and its officers is a significant development for investors in the Company’s securities. If the allegations are proven true, it could result in significant losses for those who purchased FTAI Aviation securities during the cited period. Investors are encouraged to contact Bronstein, Gewirtz & Grossman, LLC for more information and to discuss their legal rights.
- FTAI Aviation is a leading provider of aviation services.
- A class action lawsuit has been filed against the Company and certain officers.
- The lawsuit alleges violations of the Securities Exchange Act of 1934.
- The complaint alleges false statements and omissions regarding the financial health of FTAI Aviation’s subsidiaries and the impact of a contract termination on its financial results.
- Investors who purchased FTAI Aviation securities between May 1, 2023 and November 1, 2023 may be eligible to recover their losses.
- The impact of the lawsuit on the aviation industry and investor confidence in the sector is unclear at this time.
- Investors are encouraged to contact Bronstein, Gewirtz & Grossman, LLC for more information and to discuss their legal rights.
