STOCK NOTICE: Rosen Law Firm Reminds FLY Leasing Limited Investors of Important May 24 Deadline in Class Action - FLY
May 18 2016 - 12:28PM
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 aircrafts 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.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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