SHAREHOLDER ALERT: Khang & Khang LLP Announces The Filing Of A Securities Class Action Lawsuit Against FLY Leasing Limited An...
April 13 2016 - 12:56PM
Business Wire
Khang & Khang LLP (the “Firm”) announces that a class action
lawsuit has been filed against FLY Leasing Limited (“FLY Leasing”
or the “Company”) (NYSE: FLY). Investors who purchased or otherwise
acquired shares between May 8, 2014 and March 7, 2016, inclusive
(the “Class Period”), are encouraged to contact the Firm prior to
the May 24, 2016, lead plaintiff motion deadline.
If you purchased shares of FLY Leasing during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101
Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
According to the complaint, the Company made misleading
statements and/or failed to disclose that: (1) during fiscal years
2014 and 2015, FLY Leasing had engaged in improper accounting with
respect to intangible assets and liabilities for aircraft acquired
with in-place leases; and (2) as a result of the foregoing, FLY
Leasing’s public statements were materially false and misleading at
all relevant times.
If you purchased shares of FLY Leasing during the Class Period,
you have until May 24, 2016 to ask the Court to appoint you as lead
plaintiff. If you wish to learn more about this lawsuit,
or if you have any questions concerning this notice or your rights,
please contact Joon M. Khang, a prominent litigator for almost two
decades, by telephone: (949) 419-3834, or by email at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20160413006334/en/
KHANG & KHANG LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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