Faruqi & Faruqi, LLP is investigating the claims on behalf of investor FTAI Aviation Investing.com
Faruqi and Faruqi, Litigation Partner for LLP James (Josh) Wilson He encourages investors who have suffered losses in FTAI to contact him directly to discuss their options
If you bought or acquired securities in Ftai Between July 23, 2024 and January 15, 2025 And you’d like to discuss your legal rights, call your partner Faruqi and Faruqi Josh Wilson direct on 877-247-4292 or 212-983-9330 (Ext. 1310).
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New York, New York – (NewsFile Corp. – January 26, 2025) – Faruqi & Faruqi, LLP, a leading national law firm, is investigating potential claims against FTAI Aviation Ltd. (“FTAI” or the “Company”) (NASDAQ: FTAI) and reminds investors of March 18, 2025 seek the role of lead plaintiff in a federal securities class action filed against the company.
Faruqi and Faruqi is a leading national law firm with offices in New York, Pennsylvania, California and Georgia. The company has taken out hundreds of millions of dollars for investors since it was founded in 1995. See www.faruqilaw.com.
As detailed, the complaint alleges that the company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) The company reported one-time sales of engines as maintenance repair and overhaul proceeds When FTAI performs only limited operational repairs and maintenance on the sold engine assets; (2) FTAI presented all engine sales as individual module sales, thereby overstating sales and demand; (3) the company depreciates non-lease engines, which misleadingly lowers reported cost of goods sold and inflates EBITDA; and (4) that, as a result of defendant’s prior positive statements about the company’s business, operations and prospects, they were materially misleading and/or lacked a reasonable basis.
On January 15, 2025, Muddy Waters (NYSE:) Research released a report alleging, among other things, that “FTAI is materially manipulating its finances” by “exaggerating the size of its aerodmarket aerospace business,” “misleading investors by representing the sale of entire engines as individual module sales, “Inflating the EBITDA margin of aerospace products using excessive depreciation in the lease segment,” and “engaging in channel stuffing.”
On this news, FTAI’s stock price fell $37.21, or 24.3%, to close at $116.08 per share on January 15, 2025, on unusually heavy trading volume.
A court-appointed lead plaintiff is the investor with the greatest financial interest in the relief sought by the class that is adequate and typical of class members directing and overseeing litigation on behalf of the purported class. Each putative class member can move the Court to serve as lead plaintiff through counsel of their choosing, or they can choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as lead plaintiff or not.
Faruqi and Faruqi, LLP also encourages anyone with information about FTAI’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Advertising of lawyers. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your specific case. All communications will be treated confidentially.
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