Glancy Prongay & Murray LLP Announces Securities Fraud Class Action Lawsuit Against FTAI Aviation Ltd.
LOS ANGELES, CA – March 5, 2025
Glancy Prongay & Murray LLP, a leading national litigation firm, announced today that investors who have suffered losses in FTAI Aviation Ltd. (“FTAI” or the “Company”) (NASDAQ: FTAI) securities between January 1, 2021, and February 28, 2025, have the opportunity to lead the securities fraud class action lawsuit against the aviation company. The complaint was filed in the United States District Court for the Central District of California and alleges that FTAI and certain of its top executives violated the Securities Exchange Act of 1934.
Background on FTAI Aviation Ltd.
FTAI Aviation Ltd. is a leading provider of aircraft leasing and financing solutions. The company operates globally and has a significant presence in the commercial aviation industry. FTAI’s business model is based on owning and leasing commercial jet aircraft to airlines and other operators worldwide.
Allegations of Securities Fraud
The complaint alleges that FTAI and certain of its top executives made false and misleading statements regarding the company’s financial condition and business prospects. Specifically, the complaint alleges that the defendants failed to disclose material information regarding the Company’s financial condition, including:
- FTAI’s significant exposure to troubled customers and their ability to pay rent
- FTAI’s failure to disclose the impact of the COVID-19 pandemic on the aviation industry and the Company’s business
- FTAI’s failure to disclose the impact of increasing interest rates on the Company’s debt service obligations
As a result of these allegedly false and misleading statements, FTAI’s stock traded at artificially inflated prices between January 1, 2021, and February 28, 2025.
Impact on Individual Investors
Individual investors who purchased or otherwise acquired FTAI securities during the Class Period may be able to recover their losses through the securities fraud class action lawsuit. The lead plaintiff will act on behalf of all members of the class in managing the litigation. If the class action lawsuit is successful, the lead plaintiff and the class members may receive a monetary recovery.
Impact on the World
The securities fraud class action lawsuit against FTAI Aviation Ltd. highlights the importance of transparency and full disclosure in the aviation industry, particularly during times of economic uncertainty. The aviation industry has been hit hard by the COVID-19 pandemic, and many companies in the sector have faced significant financial challenges. As the industry recovers, it is crucial that investors have accurate and timely information to make informed investment decisions.
Conclusion
Glancy Prongay & Murray LLP’s announcement of a securities fraud class action lawsuit against FTAI Aviation Ltd. is a significant development for investors who purchased FTAI securities between January 1, 2021, and February 28, 2025. The lawsuit alleges that FTAI and certain of its top executives made false and misleading statements regarding the company’s financial condition and business prospects, leading to artificially inflated stock prices. The impact of this lawsuit extends beyond individual investors, as it highlights the importance of transparency and full disclosure in the aviation industry during times of economic uncertainty.
If you invested in FTAI securities during the Class Period and have suffered losses, you may be eligible to join the securities fraud class action lawsuit against FTAI Aviation Ltd. To learn more about the lawsuit and your potential recovery, contact Glancy Prongay & Murray LLP.
Glancy Prongay & Murray LLP is a leading national litigation firm with offices in Los Angeles, California, and Washington, D.C. The firm represents investors, consumers, and whistleblowers in securities fraud, antitrust, consumer protection, and employment matters.
