Faruqi & Faruqi, LLP investigates claims on behalf of FTAI aviation investors By Investing.com

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Farooqui & Farooqui, LLP Securities Litigation Partners James (Josh) Wilson FTAI encourages investors who have experienced losses to contact him directly to discuss their options

If you buy or acquire securities FTAI Between July 23, 2024 and January 15, 2025 And you want to discuss your legal rights, call Farooqui & Farooqui Partner Josh Wilson live as if 877-247-4292 Or 212-983-9330 (Ex. 1310).

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NEW YORK, NY–( The News File – Jan 26, 2025 ) – Faruqi & Faruqi, LLP, a leading national securities law firm, has acquired FTAI Aviation Ltd. (“FTAI” or the “Company”) is investigating potential claims. (NASDAQ: FTAI) and reminds investors March 18, 2025 deadline To seek the role of lead plaintiff in a federal securities class action against the company.

Farooki & Farooki is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The organization Since its inception in 1995, it has returned hundreds of millions of dollars to investors. Check out www.faruqilaw.com.

As detailed below, 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: (1) the company reported one-time motor sales as maintenance repairs and revenue adjustments; When FTAI performs certain maintenance and repair work on the motor assets sold; (2) FTAI presents complete engine sales as individual module sales, thereby overstating sales and demand. (3) The Company will depreciate non-lease engines which will materially reduce reported cost of goods sold and increase EBITDA. and (4) for the reasons set forth above, that Defendants’ positive statements about the Company’s business, practices and prospects are materially misleading and/or lack a reasonable basis.

On January 15, 2025, Muddy Waters (NYSE: ) Research published an allegation that, among other things, “FTAI materially misuses its financing,” “inflates the size of its aftermarket aerospace business,” “misleads investors by presenting gross engine sales.” According to individual module sales, “aerospace products’ EBITDA margin decreased due to excessive reduction in leasing segment” and “participation in channel replenishment”.

On this news, FTAI’s stock price fell $37.21, or 24.3%, to close at $116.08 per share on January 15, 2025, in unusual trading volume.

The court-appointed lead plaintiff is the investor with the greatest financial interest in obtaining the relief sought by the class, who is sufficient and the class members who lead and control the litigation on behalf of the class members. Any member of the mandatory class may ask the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain as a residual class member. Your ability to participate in any recovery is not affected by the decision to serve as lead plaintiff or not.

Farooqui & Farooqui, LLP encourages anyone with information regarding FTAI’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Notice of attorney. The law firm responsible for this announcement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee or predict similar results for any future case. We welcome the opportunity to discuss your case. All communications will be treated confidentially.

To view the source of this press release, please visit https://www.newsfilecorp.com/release/238365.