Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly misleading investors regarding its revenue outlook and sales performance during the class period from July 15, 2025, to August 14, 2025 [7]. Allegation Details - The lawsuit claims that Fly-E's management created a false impression of reliable information about the company's projected revenue and sales, while the actual demand for its electric vehicle products fell short [7]. - A significant 32% decrease in Fly-E's net revenue was reported, attributed to a decline in total units sold, as customers were deterred by incidents of lithium battery explosions [7]. - The company's stock price plummeted approximately 87% from $7.76 per share on August 14, 2025, to $1.00 per share on August 15, 2025, following the negative news [7]. Next Steps - Investors who purchased Fly-E shares during the class period and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [4][8].

Core Points - The Gross Law Firm has issued a notice to shareholders of Fly-E Group, Inc. regarding a class action lawsuit due to misleading statements about the safety of its lithium batteries, which negatively impacted E-vehicle sales revenue [1] - The class period for the lawsuit is from July 15, 2025, to August 14, 2025, with a significant revenue decline of 32% reported on August 14, 2025, attributed to decreased unit sales and recent lithium-battery accidents [1] - Following the revelation of the financial issues, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share in one day [1] Company and Industry Summary - Fly-E Group, Inc. faced allegations of providing overly positive statements while concealing material adverse facts about its lithium battery safety, leading to a significant decline in sales and revenue projections [1] - The company reported a substantial decrease in net revenues, primarily driven by a drop in total units sold, which was linked to safety incidents involving its products [1] - The Gross Law Firm is encouraging shareholders to register for the class action lawsuit, with a deadline for lead plaintiff applications set for November 10, 2025 [2]

Core Viewpoint - The Gross Law Firm is notifying shareholders of Fly-E Group, Inc. about a potential class action lawsuit due to misleading statements regarding the safety of its lithium batteries, which negatively impacted the company's E-vehicle sales and revenue projections [1][3]. Summary by Sections Allegations - The complaint alleges that Fly-E Group provided overly positive statements while concealing material adverse facts about the safety of its lithium batteries, leading to a significant decline in E-vehicle sales revenue [3]. - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, which was attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [3]. - Following this revelation, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share on August 15, 2025, marking an approximate 87% decline in just one day [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period (July 15, 2025, to August 14, 2025) are encouraged to register for the class action by November 10, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fly-E Group, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Fly-E Group, Inc. securities is from July 15, 2025, to August 14, 2025, inclusive [1]. - Investors who purchased Fly-E securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 10, 2025 [2]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [3]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [3]. Group 3: Case Allegations - The lawsuit alleges that Fly-E Group provided misleading statements regarding the safety of its lithium battery, which negatively impacted its E-vehicle sales revenue [4]. - Despite optimistic long-term projections, Fly-E's sales continued to decline, and operating expenses increased, leading to a failure in meeting revenue forecasts [4]. - The lawsuit claims that when the true information became public, investors suffered damages as a result [4].

Core Viewpoint - Fly-E Group, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between July 15, 2025, and August 14, 2025 [1][2]. Summary by Relevant Sections Class Action Details - The lawsuit claims that Fly-E provided misleading positive statements while concealing material adverse facts about the safety of its lithium batteries, which adversely affected E-vehicle sales revenue [2]. - On August 14, 2025, Fly-E disclosed a 32% decrease in net revenues, primarily due to a drop in total units sold, attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [2]. - Following this disclosure, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share, marking an approximate 87% decline in just one day [2]. Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 10, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fly-E Group, Inc. regarding a class action lawsuit due to misleading statements about the safety of its lithium batteries, which negatively impacted the company's E-vehicle sales and revenue projections [1]. Summary by Sections Allegations - The complaint alleges that Fly-E Group provided overly positive statements while concealing material adverse facts about the safety of its lithium batteries, leading to a significant decline in E-vehicle sales revenue [1]. - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, which was attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [1]. - Following this revelation, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share, marking an approximate 87% decline in just one day [1]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by November 10, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly misleading investors regarding its revenue outlook and sales performance during the class period from July 15, 2025, to August 14, 2025 [7]. Allegation Details - The lawsuit claims that Fly-E's management created a false impression of reliable revenue projections and demand for its electric vehicle (EV) products, while downplaying risks related to lithium batteries, supply chain changes, and regulatory challenges [7]. - A significant 32% decrease in net revenue was reported for the first quarter of fiscal year 2026 compared to the same period in 2024, attributed to a decline in total units sold due to safety concerns over lithium battery incidents [7]. - Following the negative news, Fly-E's stock price plummeted approximately 87%, from $7.76 per share on August 14, 2025, to $1.00 per share on August 15, 2025 [7]. Next Steps - Investors who purchased Fly-E shares during the class period and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [4][8].

NEW YORK, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fly-E Group, Inc. ("Fly-E" or the "Company") (NASDAQ: FLYE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fly-E investors who were adversely affected by alleged securities fraud between July 15, 2025 and August 14, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fly-e-group-inc-lawsuit-submissi ...

Core Points - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [1][2] - The lawsuit claims that Fly-E made misleading statements regarding the safety of its lithium batteries, which negatively impacted E-vehicle sales revenue, despite optimistic long-term projections [2] - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, linked to recent lithium-battery accidents [2] - Following this announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share in one day [2] Case Details - The lawsuit seeks to recover losses for investors who were adversely affected by the alleged fraud during the specified period [1] - Investors have until November 10, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4]

NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Fly-E Group, Inc. (NASDAQ: FLYE). Shareholders who purchased shares of FLYE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/fly-e-group-inc-loss-submission-form/?id=172058&from=3 CLASS PERIOD: July 15, 20 ...