Rosen, a globally respected law firm, encourages FTAI Aviation Ltd. Investors to secure advisors before important deadline in securities class action
New York, New York -(Newsfile Corp. -January 26, 2025) – WHY: The Rosen Law Firm, a global investor law firm, announces the filing of a class action lawsuit on behalf of the purchaser of the securities of Ftai Aviation Ltd. (NASDAQ: FTAI) between July 23, 2024 and January 15, 2025, both dates (the “Period class”). A class action lawsuit has already been filed. If you want to serve as the chief prosecutor, you have to move the court no later than March 18, 2025.
So what: If you purchased FTAI Securities during the Class Period, you may be entitled to compensation without paying any out-of-pocket compensation or expenses through a contingency compensation arrangement.
What next: To join the Ftai Class Action, go to https://rosenlegal.com/submit-form/?case_id=33693 or call Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information. A class action lawsuit has already been filed. If you want to serve as the chief prosecutor, you have to move the court no later than March 18, 2025. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select a qualified advisor with a track record of leadership. Often the companies issuing the notices do not have comparable experience, resources or any significant peer recognition. Be wise in choosing your advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm achieved the largest class action settlement ever at that time. Law firm Rosen ranked 1st in ISS Securities Action (WA 🙂 Services for the number of action settlements for securities in 2017. The company has been ranked in the top 4 every year since 2013 and has accounted for hundreds of millions of dollars for investors. In 2019 alone, the company secured more than $438 million for investors. In 2020, founder Laurence Rosen was named a titan of plaintiffs by Law360. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
Case details: According to the lawsuit, the defendants, throughout the class, failed to disclose to investors that: (1) FTAI reported one-time engine sales as revenue for maintenance repair and overhauls when FTAI performed only limited repair and maintenance work on the engine assets sold; (2) FTAI presented all engine sales as individual module sales, thereby overstating sales and demand; and (3) FTAI depreciates non-lease engines, which misleadingly lowers reported cost of goods sold and inflates EBITDA. When the true details entered the market, the lawsuit alleges, investors were harmed.
To join the Ftai Class Action, go to https://rosenlegal.com/submit-form/?case_id=33693 or call Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information.
No classes are certified. Until the class is certified, the attorney does not represent you if you do not retain it. You can choose the advice of your choice. You can also remain an absent member of the class and do nothing at this time. The investor’s ability to share in any potential future recovery is not dependent on the service of the lead plaintiff.
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To view the original version of this release, visit https://www.newsfilecorp.com/release/238379