Important Information for Investors of FTAI Aviation Ltd.: Rosen Law Firm Reminds of Upcoming Deadline
New York, NY – February 21, 2025
Rosen Law Firm, a global investor rights law firm, alerts purchasers of FTAI Aviation Ltd. (FTAI) securities between July 23, 2024, and January 15, 2025, both dates inclusive (the “Class Period”), of the upcoming March 18, 2025 lead plaintiff deadline. The lawsuit seeks to recover damages for FTAI investors under the Securities Exchange Act of 1934.
Background
FTAI Aviation Ltd. is a leading provider of aviation services, including aircraft leasing, aircraft maintenance, repair, and overhaul services. The company operates globally and has a diverse fleet of over 250 aircraft.
During the Class Period, FTAI issued materially false and misleading statements regarding the company’s business, operations, and financial condition. Specifically, the company misrepresented the financial performance and prospects of its leasing business, as well as the impact of certain operational issues on its financial results.
Class Action Lawsuit
On January 27, 2025, a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of purchasers of FTAI securities during the Class Period. The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that:
- FTAI’s leasing business was experiencing significant challenges, including a decline in demand and increased competition;
- The company’s operational issues, including maintenance and repair delays, were more severe than represented;
- As a result of the foregoing, FTAI’s financial statements were materially misstated.
Following this news, the price of FTAI securities declined significantly.
Lead Plaintiff Deadline
If you purchased FTAI securities during the Class Period, you may be entitled to compensation. The lead plaintiff deadline is March 18, 2025. The lead plaintiff is the investor with the largest financial interest in the relief sought by the class. If you wish to serve as lead plaintiff, you must apply to the Court before the lead plaintiff deadline. Your ability to share in any recovery does not require that you serve as lead plaintiff.
To join the class action, go to the Rosen Law Firm website or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
Impact on Individual Investors
If you purchased FTAI securities during the Class Period and have suffered losses as a result, you may be able to recover your losses through the class action. The lead plaintiff deadline is March 18, 2025, so it is important to act quickly if you wish to participate.
Impact on the World
The FTAI lawsuit is significant because it highlights the importance of transparency and accuracy in financial reporting. Companies that misrepresent their financial condition or business prospects can cause significant harm to investors, and it is important that they are held accountable.
Moreover, the lawsuit underscores the importance of the securities laws and the role they play in protecting investors. The Securities Exchange Act of 1934 provides investors with a powerful tool to recover losses caused by false or misleading statements and to hold companies accountable for their actions.
Conclusion
If you purchased FTAI securities during the Class Period and have suffered losses as a result, you may be entitled to compensation. The lead plaintiff deadline is March 18, 2025, so it is important to act quickly if you wish to participate in the class action. For more information, go to the Rosen Law Firm website or contact Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected].
The FTAI lawsuit is a reminder of the importance of transparency and accuracy in financial reporting and the role of securities laws in protecting investors. It is a powerful tool for holding companies accountable for their actions and recovering losses caused by false or misleading statements. If you have any questions or concerns, please do not hesitate to contact the Rosen Law Firm.
