FTAI Aviation(FTAI) Prnewswire·2025-01-23 23:30Lawsuit Overview - A class action lawsuit has been filed on behalf of purchasers of FTAI Aviation Ltd (NASDAQ: FTAI) securities between July 23, 2024, and January 15, 2025 [1] - Investors who purchased FTAI securities during the Class Period may be entitled to compensation without out-of-pocket fees [2] - To join the class action, investors can visit the Rosen Law Firm website or contact Phillip Kim, Esq [3][6] Allegations Against FTAI Aviation - FTAI allegedly reported one-time engine sales as Maintenance Repair & Overhaul revenue despite performing limited repair and maintenance work [5] - The company is accused of presenting whole engine sales as individual module sales, overstating sales and demand [5] - FTAI allegedly depreciates engines not on lease, misleadingly lowering the cost of goods sold and inflating EBITDA [5] Rosen Law Firm Credentials - The Rosen Law Firm specializes in securities class actions and shareholder derivative litigation [4] - The firm achieved the largest securities class action settlement against a Chinese company at the time [4] - Ranked No 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017 [4] - Recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4] Class Action Participation - No class has been certified yet, and investors are not represented by counsel unless they retain one [7] - Investors may select their own counsel or remain absent class members [7] - Ability to share in potential future recovery is not dependent on serving as lead plaintiff [7]