NEW YORK, May 23, 2016 /PRNewswire/ -- 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
Logo -
http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/deadline-tomorrow-levi--korsinsky-llp-reminds-shareholders-of-fly-leasing-limited-of-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-24-2016--fly-300273325.html
SOURCE Levi & Korsinsky, LLP