Deadline Alert: FTAI Aviation Ltd. Investors Encouraged to Engage in Securities Fraud Lawsuit

LOS ANGELES, March 17, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP is notifying investors about an important deadline on March 18, 2025. This date marks the last opportunity for affected investors to file a lead plaintiff motion in a class action lawsuit. This lawsuit represents individuals who purchased or acquired shares of FTAI Aviation Ltd. ("FTAI" or the "Company") between the dates of July 23, 2024, and January 15, 2025, inclusive. This period is referred to as the "Class Period."

IF YOU HAVE EXPERIENCED FINANCIAL LOSSES DUE TO YOUR INVESTMENT IN FTAI, CLICK HERE TO LEARN MORE ABOUT POTENTIAL LEGAL ACTION TO RECOVER YOUR LOSSES UNDER FEDERAL SECURITIES LAWS.

Background of the Case

On January 15, 2025, a report by Muddy Waters Research was published, raising serious allegations against FTAI. The allegations claim that the Company was involved in manipulating its financial statements, notably by exaggerating the size of its aftermarket aerospace business. This included misleading investors by reporting full engine sales instead of individual module sales and inflating EBITDA margins through questionable depreciation practices within the leasing segment, known as "channel stuffing."

As a result of this damaging report, FTAI's stock price plummeted by $37.21, which is approximately 24.3%, closing at $116.08 per share on January 15, 2025, amidst unusually high trading volume.

Details of the Lawsuit

The class action complaint alleges that throughout the Class Period, the Defendants made materially false and/or misleading statements while also omitting significant adverse information regarding the Company’s business operations and future prospects. Specifically, the allegations assert that:

• The Company inaccurately reported one-time engine sales as Maintenance Repair & Overhaul revenue, despite only conducting limited repairs and maintenance on the sold engine assets.
• FTAI represented whole engine sales as separate module sales, which overstated both actual sales figures and demand metrics.
• The Company employed depreciation methods on engines not under lease, which misleadingly reduced the reported cost of goods sold and inflated EBITDA figures.
• As a result of these misleading actions, optimistic statements about the Company's business and outlook were seriously flawed and lacked credible backing.

If you acquired shares of FTAI during the Class Period, you have the right to file a motion with the Court by the deadline of March 18, 2025 to seek appointment as a lead plaintiff in this lawsuit.

Contact Information for Participation

Individuals interested in learning more about this class action, or who have inquiries regarding their legal rights related to this matter, are encouraged to reach out.

Contact: Charles Linehan, Esq.
Glancy Prongay & Murray LLP
1925 Century Park East, Suite 2100
Los Angeles, California 90067
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
For more information, visit our website: www.glancylaw.com.

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Remember, you do not need to take immediate action to be considered a member of this class action. Legal representation can be secured at your discretion, and you are welcome to refrain from any actions while remaining an absent class member.

This announcement may be regarded as Attorney Advertising under the laws and ethical rules applicable in various jurisdictions.

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