Important Information for Investors: Rosen Law Firm Reminds Investors of the Deadline in the Class Action Lawsuit Against FTAI Aviation Ltd.
New York, NY, March 16, 2025 – Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of FTAI Aviation Ltd. (FTAI) between July 23, 2024, and January 15, 2025, both dates inclusive (the “Class Period”), of the important March 18, 2025 lead plaintiff deadline. The lawsuit alleges that FTAI and certain of its officers and directors violated the Securities Exchange Act of 1934 by making materially false and misleading statements and omissions.
Background on FTAI Aviation Ltd.
FTAI Aviation Ltd. is a holding company whose subsidiaries provide aviation services, including maintenance, repair, and overhaul services, as well as aircraft leasing and sales. The company’s shares are traded on the NASDAQ stock exchange under the symbol FTAI.
Allegations in the Class Action Lawsuit
The complaint alleges that the defendants made false and misleading statements and failed to disclose material information regarding the company’s financial condition and business operations. Specifically, the complaint alleges that FTAI and its executives::
- Overstated the company’s revenue and earnings by failing to disclose the true nature and extent of certain transactions;
- Failed to disclose the impact of certain customer cancellations on the company’s financial results;
- Failed to disclose the impact of increasing competition and industry headwinds on the company’s business;
- Failed to disclose the true financial condition of certain subsidiaries;
Effect on Individual Investors
If you purchased FTAI securities during the Class Period and suffered a loss, you may be eligible to join the class action as a lead plaintiff. As a lead plaintiff, you may be entitled to certain appointments and responsibilities with respect to prosecuting the litigation.
Effect on the World
The consequences of this lawsuit extend beyond just FTAI’s investors, as it highlights the importance of accurate and transparent financial reporting. Misrepresentations and omissions in securities offerings can have far-reaching impacts, including damaging investor confidence, undermining market integrity, and potentially leading to regulatory action. It is essential that companies and their executives are held accountable for providing accurate and complete information to investors.
Conclusion
If you purchased FTAI securities during the Class Period and believe that you have suffered a loss as a result, you may be eligible to join the class action as a lead plaintiff. Rosen Law Firm encourages you to contact them before the lead plaintiff deadline to discuss your potential role in this litigation. This lawsuit serves as a reminder of the importance of accurate and transparent financial reporting, and investors should be vigilant in ensuring that they are making informed decisions based on complete and truthful information.
For more information, please contact:
Rosen Law Firm, P.A.
Glenn Silber, Esq.
[email protected]
(212) 686-1060
1250 Avenue of the Americas, 54th Floor
New York, NY 10020
