Investors who purchased or acquired FTAI Aviation Ltd. (NASDAQ: FTAI) securities between July 23, 2024, and January 15, 2025, have until March 18, 2025, to seek appointment as lead plaintiff in the FTAI Aviation class action lawsuit. The lawsuit, titled Shannahan v. FTAI Aviation Ltd., No. 25-cv-00541 (S.D.N.Y.), accuses FTAI Aviation and some of its top executives of violating the Securities Exchange Act of 1934.
On January 15, 2025, Muddy Waters Research published a report alleging that FTAI materially manipulates its financials by exaggerating the size of its aftermarket aerospace business, misleading investors by presenting whole engine sales as individual module sales, inflating Aerospace Products’ EBITDA margins through over-depreciation in the leasing segment, and engaging in channel stuffing. Following this news, FTAI Aviation’s stock price fell more than 24%.
The Private Securities Litigation Reform Act of 1995 allows any investor who purchased or acquired FTAI Aviation securities during the Class Period to seek appointment as lead plaintiff. A lead plaintiff typically has the greatest financial interest in the relief sought by the class and acts on behalf of all other class members in directing the lawsuit. The lead plaintiff can choose a law firm to litigate the case. An investor’s ability to share in any potential future recovery is not dependent on serving as lead plaintiff.
Robbins Geller Rudman & Dowd LLP is a leading law firm representing investors in securities fraud cases. The firm has been ranked #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. Robbins Geller has recovered $6.6 billion for investors in securities-related class action cases—over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and has obtained many of the largest securities class action recoveries in history, including the largest ever—$7.2 billion—in In re Enron Corp. Sec. Litig.
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