LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC (www.Goldberglawpc.com) announces that it has filed a class action lawsuit in the United States District Court, Southern District of New York, 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, (the “Class Period”), are encouraged to contact the firm in advance of the May 24, 2016, lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 708, Marina Del Rey, CA 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent 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.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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