SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of FLY Leasing Limited of Class Action Lawsuit and a Lead Plain...
May 20 2016 - 11:50AM
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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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