Kahn Swick & Foti Reminds FTAI Investors of Class Action Lawsuit Deadline.
Kahn Swick & Foti, LLC (KSF) and its partner, former Louisiana Attorney General Charles C. Foti, Jr., are reminding investors that they have until March 18, 2025, to apply to become lead plaintiffs in a class action lawsuit against FTAI Aviation Ltd. (NasdaqGS: FTAI).
The lawsuit targets investors who purchased FTAI securities between July 23, 2024, and January 15, 2025, inclusive. This class action is currently pending in the United States District Court for the Southern District of New York.
Allegations Against FTAI: Financial Manipulation and Misleading Information
The lawsuit claims that FTAI Aviation and certain executives engaged in misleading and fraudulent practices by failing to disclose material information during the Class Period. On January 15, 2025, Muddy Waters Research published a report accusing FTAI of manipulating its financials.
The allegations include exaggerating the size of its aerospace business, misrepresenting whole engine sales as individual module sales, inflating Aerospace Products EBITDA margins, and engaging in channel stuffing to artificially boost revenue.
Stock Price Drop and Investor Impact
Following the publication of Muddy Waters' report, FTAI's stock price dropped by over 24% on unusually heavy trading volume, closing at $116.08 per share on January 15, 2025.
The sharp decline in stock value highlights the alleged financial manipulation and the economic loss suffered by investors who were misled during the Class Period. This significant drop is a key aspect of the class action, as investors may now seek recovery for their losses.
How to Get Involved: Apply for Lead Plaintiff Position
Investors who purchased FTAI securities during the Class Period and believe they were impacted by the alleged misconduct are encouraged to participate in the class action.
If you wish to apply for the role of lead plaintiff—which involves overseeing the case and working with the legal team to seek a fair resolution—you must file an application with the court by March 18, 2025. To discuss your legal rights and how this lawsuit may affect you, investors can contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email at lewis.kahn@ksfcounsel.com.
Next Steps and Legal Options for Affected Investors
If you were impacted by the drop in FTAI’s stock price or believe you may have been misled, joining this class action could offer you a chance to recover your economic loss. Kahn Swick & Foti, LLC is providing a free, no-obligation consultation for affected investors to discuss their rights and options in this case.
For more information, you can visit the official KSF website at https://www.ksfcounsel.com/cases/nasdaqgs-ftai/. Don't miss the March 18, 2025 deadline to apply for the lead plaintiff position and participate in the class action.
FTAI Aviation Ltd.  is a leading provider of aftermarket power and maintenance services for commercial jet engines, specializing in CFM56 and V2500 engines. The company owns, maintains, and leases jet aircraft while offering cost-saving solutions through its proprietary Module Factory and engine PMA joint venture. FTAI focuses on aviation leasing and aerospace products that generate stable cash flows and offer potential for growth and asset appreciation.
Kahn Swick & Foti, LLC (KSF) is a leading securities litigation law firm, specializing in representing investors harmed by corporate wrongdoing and securities fraud. With offices in major U.S. cities including New York, Chicago, and San Francisco, KSF is recognized for its selective approach to class actions, focusing on high-impact cases that promise substantial recoveries. The firm has achieved significant settlements in high-profile cases, such as the $189 million recovery in Dicker v. TuSimple Holdings, and the $165 million settlement in Pearlstein v. Blackberry Ltd.
Founded by former Louisiana Attorney General, Charles C. Foti, Jr., KSF boasts a team of experienced attorneys with backgrounds from prestigious universities and top litigation firms. The firm operates on a contingency fee basis, ensuring that clients pay only for successful outcomes. KSF’s rigorous case evaluation and strategic approach have made it a trusted advocate for shareholders and investors.
