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 E-vehicle sales and led to a significant drop in stock price [1][3]. Summary by Relevant 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, which adversely affected E-vehicle sales revenue [3]. - The company’s revenue projections were derailed as sales declined and operating expenses increased, despite optimistic long-term forecasts [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]. Stock Price Impact - Following the revelation of the company's financial difficulties, Fly-E's stock price plummeted from $7.76 per share on August 14, 2025, to $1.00 per share on August 15, 2025, marking an approximate decline of 87% in just one day [3]. Class Action Details - Shareholders who purchased shares during the class period from July 15, 2025, to August 14, 2025, are encouraged to register for the class action, with a deadline of November 10, 2025, to seek lead plaintiff status [4]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered losses due to deceit and illegal business practices, ensuring companies adhere to responsible business practices [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 issuing notices 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]. - In 2019, the firm secured over $438 million for investors, demonstrating its capability in recovering significant amounts for clients [3]. Group 3: Case Background - 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 - A class action lawsuit has been filed against Fly-E Group, Inc. for misleading investors regarding its revenue outlook and sales performance during the class period from July 15, 2025, to August 14, 2025 [6]. 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 associated with lithium batteries and supply chain issues [6]. - A significant 32% decrease in net revenue was reported, attributed to a decline in total units sold due to customer hesitance linked to lithium battery explosion incidents [6]. Financial Impact - Following the SEC filing on August 14, 2025, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share on August 15, 2025, marking an 87% decline in just one day [6].

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 revenue [1][3]. Summary by Relevant 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]. Stock Price Impact - Following the revelation of the company's financial difficulties, Fly-E's stock price plummeted from $7.76 per share on August 14, 2025, to $1.00 per share on August 15, 2025, marking an approximate decline of 87% in just one day [3]. Class Action Details - Shareholders who purchased shares during the class period from July 15, 2025, to August 14, 2025, are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for November 10, 2025 [4]. - Participants will be enrolled in a portfolio monitoring system to receive updates throughout the case lifecycle [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud, aiming to ensure responsible business practices by companies [5].

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 stock price [1][2]. Group 1: Allegations and Impact - 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 the 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 [1]. Group 2: Class Action Details - Shareholders who purchased shares during the specified class period (July 15, 2025, to August 14, 2025) are encouraged to register for the class action, with a deadline to seek lead plaintiff status set for November 10, 2025 [2]. - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates throughout the case lifecycle, with no cost or obligation to participate [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [3]. - The firm seeks recovery for investors who suffered losses due to false or misleading statements that artificially inflated stock prices [3].

Core Points - Rosen Law Firm is reminding investors who purchased Fly-E Group, Inc. securities between July 15, 2025, and August 14, 2025, of the November 10, 2025, lead plaintiff deadline for a class action lawsuit [1][2] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - The lawsuit alleges that Fly-E provided misleading statements regarding the safety of its lithium battery, which negatively impacted its E-vehicle sales revenue [4] Group 1 - The class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][5] - A lead plaintiff is required to act on behalf of other class members and must file a motion by November 10, 2025 [2] - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] Group 2 - The lawsuit claims that Fly-E's optimistic statements were contradicted by material adverse facts, leading to a decline in sales and increased operating expenses [4] - The firm has a history of significant recoveries for investors, including over $438 million in 2019 [3] - Rosen Law Firm has been recognized for its success in securities class action settlements, ranking in the top 4 since 2013 [3]

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for misleading investors regarding its revenue outlook and sales performance during the specified class period from July 15, 2025, to August 14, 2025 [2][7]. Allegation Details - The lawsuit alleges that Fly-E's management created a false impression of reliable revenue projections and demand for its electric vehicle (EV) products, while downplaying risks associated with lithium batteries and supply chain issues [7]. - On August 14, 2025, Fly-E reported a significant 32% decrease in net revenue compared to the same period in 2024, attributing this decline to a drop in total units sold due to safety concerns over lithium battery incidents [7]. - Following the revenue announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share within a single day [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 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 revenue [1]. Summary by Sections Allegations - Defendants allegedly provided overly positive statements while concealing material adverse facts about the safety of Fly-E's 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, 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 case lifecycle [2]. Firm Background - 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 Points - Rosen Law Firm is reminding purchasers of Fly-E Group, Inc. securities about a class action lawsuit with a lead plaintiff deadline of November 10, 2025 [1] - Investors who purchased Fly-E securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] Group 1: Class Action Details - A class action lawsuit has been filed against Fly-E Group, alleging that the company provided misleading statements regarding the safety of its lithium battery, which negatively impacted E-vehicle sales revenue [4] - The lawsuit claims that despite optimistic long-term projections, Fly-E's sales continued to decline and operating expenses increased, leading to a failure in revenue projections [4] 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 not have the necessary experience or resources [3] - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions of dollars for investors [3]

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for misleading investors regarding its revenue outlook and sales performance during the specified class period from July 15, 2025, to August 14, 2025 [2][7]. Allegation Details - The lawsuit alleges that Fly-E's management created a false impression of reliable revenue projections and demand for its electric vehicle (EV) products, while downplaying risks associated with lithium batteries and supply chain issues [7]. - On August 14, 2025, Fly-E reported a significant 32% decrease in net revenue compared to the same period in 2024, attributing this decline to a drop in total units sold due to increasing incidents of lithium battery explosions [7]. - Following the revenue announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share within a single day [7]. Next Steps - Investors who acquired 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].