Levi & Korsinsky Announces Class Action Lawsuit Against FTAI Aviation Ltd.
NEW YORK, March 07, 2025 – Levi & Korsinsky, LLP announces that a class action securities lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased FTAI Aviation Ltd. (“FTAI Aviation” or the “Company”) (NASDAQ: FTAI) common stock between February 1, 2023, and November 1, 2024. The complaint alleges that the Company issued materially false and misleading statements and/or failed to disclose material adverse facts to the investing public.
Allegations Against FTAI Aviation
According to the complaint, the Company made false and/or misleading statements and/or failed to disclose: (1) that the Company was experiencing significant operational issues, including delays and cancellations due to maintenance issues with its fleet; (2) that these operational issues were causing significant financial harm to the Company; and (3) that, as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.
Impact on FTAI Aviation Investors
FTAI Aviation investors may have suffered significant losses due to the Company’s misrepresentations. The complaint seeks to recover damages for investors under the Securities Exchange Act of 1934. If you invested in FTAI Aviation common stock between February 1, 2023, and November 1, 2024, you may be entitled to recover your losses.
Global Implications
The impact of this class action lawsuit extends beyond FTAI Aviation and its investors. It sends a strong message to the aviation industry and the business world as a whole about the importance of transparency and honesty in financial reporting. Companies must disclose all material information to investors in a timely and accurate manner to maintain the trust and confidence of the investing public.
Next Steps for FTAI Aviation Investors
If you invested in FTAI Aviation common stock between February 1, 2023, and November 1, 2024, and wish to discuss your legal rights and potential remedies, you may, without obligation or cost to you, contact Levi & Korsinsky, LLP. You can contact the firm by calling (212) 363-7500 or toll-free at (877) 363-5972. You may also email the firm at [email protected].
Conclusion
The announcement of a class action securities lawsuit against FTAI Aviation highlights the importance of transparency and honesty in financial reporting. Investors trust companies to provide accurate and timely information, and when that trust is breached, it can result in significant financial harm. Levi & Korsinsky, LLP is committed to holding companies accountable for their actions and recovering losses for affected investors.
- FTAI Aviation investors who purchased common stock between February 1, 2023, and November 1, 2024, may be entitled to recover their losses.
- The lawsuit alleges that FTAI Aviation made false and/or misleading statements and/or failed to disclose material adverse facts.
- The impact of this lawsuit extends beyond FTAI Aviation and sends a strong message about the importance of transparency in the business world.
- If you invested in FTAI Aviation common stock and wish to discuss your legal rights and potential remedies, contact Levi & Korsinsky, LLP.
