Please Upload related files below
Fill in below.
Tell us the stocks you own using SnapTrade, and we will keep you informed about class action litigation related to your stocks. We monitor critical case developments that may affect the price of your shares and your possible monetary recovery. SnapTrade only shares the tickers you own and your transaction history, not your account numbers. Using SnapTrade and participating in our monitoring service is free and does not create any attorney-client relationship or obligation on your part.
Don’t miss out on possible monetary recovery - link your account with SnapTrade.
On January 15, 2025, FTAI Aviation’s stock price plummeted following an accusation by research firm, Muddy Waters, that FTAI Aviation has been recording one-time engine sales as Maintenance Repair & Overhaul revenue in its Aerospace Products (AP) segment. According to Muddy Waters this alleged misrepresentation has led to an apparent growth story in FTAI’s AP revenue, which the research firm believes is largely due to asset sales. Muddy Waters estimates that roughly 80% of FTAI Aviation’s adjusted EBITDA in the Aerospace Products segment comes from gains on sales, which they believe is primarily from selling entire engines. Muddy Waters further suggests that the motive behind these alleged misrepresentations is to generate a valuation significantly larger than that of a leasing business. FTAI Aviation management has yet to provide comment.
Following this news, FTAI’s stock price fell by $37.21 per share, or approximately 24% to close at $116.08 per share.