SHAREHOLDER ALERT: Rosen Law Firm Reminds FLY Leasing Limited Investors of Important Deadline in Class Action
April 12 2016 - 1:12PM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of FLY Leasing Limited securities (NYSE: FLY) from May
8, 2014 through March 7, 2016, both dates inclusive (the “Class
Period”) of the important May 24, 2016 lead plaintiff deadline in
the class action. The lawsuit seeks to recover damages for FLY
Leasing investors under the federal securities laws.
To join the FLY Leasing class action, go to the firm’s website
at http://www.rosenlegal.com/cases-856.html or call Phillip Kim,
Esq. or Kevin Chan, Esq. toll free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for more information on
the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants
issued false and misleading statements to investors and/or failed
to disclose that: (1) FLY Leasing had engaged in improper
accounting with respect to intangible assets and liabilities for
aircraft acquired with in-place leases during fiscal years 2014 and
2015; and (2) as a result, defendants’ statements about FLY
Leasing’s business, operations and prospects were false and
misleading and/or lacked a reasonable basis. When the true details
entered the market, the lawsuit claims that investors suffered
damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than May
24, 2016. A lead plaintiff is a representative party acting on
behalf of other class members in directing the litigation. If you
wish to join the litigation, go to the firm’s website
http://www.rosenlegal.com/cases-856.html for more information. You
may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation. Attorney Advertising. Prior
results do not guarantee a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160412006447/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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