INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of FLY Leasing Limited of Class Action Lawsuit & a Lead Plaintiff ...
May 16 2016 - 2:06PM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of FLY Leasing Limited (“FLY Leasing”)
(NYSE:FLY) between May 8, 2014 and March
7, 2016.
You are hereby notified that a securities class action
lawsuit has been commenced in the USDC for the Southern District of
New York. If you purchased or otherwise acquired FLY Leasing
securities between May 8, 2014 and March 7, 2016, your rights may
be affected by this action. To get more information go to:
http://www.zlk.com/pslra/fly-leasing-limited.
The complaint alleges that during the Class Period, defendants
made materially false and misleading statements and/or failed to
disclose that: (a) during fiscal years 2014 and 2015 FLY Leasing
engaged in improper accounting with respect to intangible assets
and liabilities for aircraft required with in-place leases; and (b)
as a result of the foregoing, FLY Leasing’s statements about the
Company’s business, operations and prospects were materially false
and misleading at all relevant times.
If you suffered a loss in FLY Leasing you have until
May 24, 2016 to request that the
Court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/pslra/fly-leasing-limited.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160516006454/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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