Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for alleged violations of federal securities laws during the specified class period, highlighting concerns over misleading statements regarding the safety of its lithium battery technology and its impact on sales revenue [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased Fly-E securities between July 15, 2025, and August 14, 2025 [2]. - Allegations include that Fly-E made materially false and misleading statements while concealing adverse facts about the safety of its lithium battery technology, which negatively affected E-vehicle sales revenue [3]. - The complaint asserts that Fly-E's forecasting processes were flawed, failing to account for declining sales and rising operating expenses, which undermined revenue projections [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Fly-E have until November 7, 2025, to request appointment as lead plaintiff in the class action [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorneys' fees if successful [5]. - The firm has a history of recovering substantial amounts for investors in securities fraud class actions [6].

Group 1 - A securities fraud class action lawsuit has been filed on behalf of investors who purchased Fly-E Group, Inc. securities between July 15, 2025, and August 14, 2025 [1] - Investors in Fly-E have until November 7, 2025, to file a lead plaintiff motion [1]

Core Viewpoint - 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 [2][3]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by false statements regarding the company's revenue outlook and sales projections [2][3]. - Defendants allegedly created a false impression of reliable information about Fly-E's projected revenue, while the actual demand for its electric vehicle (EV) products fell short [3]. - The complaint highlights that the defendants downplayed risks associated with lithium battery supply chains, regulatory environments, and demand fluctuations for Fly-E's E-Bikes and E-Scooters [3]. Group 2: Investor Information - Investors affected by the alleged fraud have until November 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 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 [5]. - 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. [5].

Core Points - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud occurring between July 15, 2025, and August 14, 2025 [1][2] - The lawsuit claims that the defendants misrepresented the company's revenue outlook and demand for its electric vehicle (EV) products, leading to a false impression of the company's financial health [2] - Investors affected by the alleged fraud have until November 7, 2025, to request to be appointed as lead plaintiff in the case [3] Company Details - The complaint alleges that Fly-E Group's optimistic revenue goals and demand for its EV products, including E-Bikes and E-Scooters, did not align with actual performance [2] - Defendants are accused of downplaying risks related to lithium battery supply chains, regulatory challenges, and demand fluctuations while promoting the company's brand reputation and cost reductions [2] Legal Representation - 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 as one of the top securities litigation firms in the United States for seven consecutive years [4]

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Fly-E Group, Inc. ("Fly-E†or the "Company†) (NASDAQ: FLYE) securities between July 15, 2025 and August 14, 2025, inclusive (the "Class Period†). Fly-E investors have until November 7, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FLY-E GROUP, INC. (FLYE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTI. ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fly-E Group, Inc. regarding a class action lawsuit due to alleged false statements made by the company about its revenue outlook and product demand [1][2]. Group 1: Allegations and Company Performance - The allegations state that Fly-E Group's management created a misleading impression of having reliable information about the company's projected revenue and sales, which did not align with actual performance [2]. - The complaint highlights that Fly-E's optimistic revenue goals and demand for its electric vehicle (EV) products fell short of reality, with management downplaying risks related to lithium battery supply chains and regulatory challenges [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 15, 2025, to August 14, 2025, and shareholders are encouraged to register for participation [2][3]. - The deadline for shareholders to seek lead plaintiff status is November 7, 2025, and there is no cost or obligation to participate in the case [3]. Group 3: Law Firm's Commitment - 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 [4].

Group 1 - The Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Fly-E Group, Inc. securities between July 15, 2025, and August 14, 2025, inclusive [1] - Investors who purchased Fly-E securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A lead plaintiff must move the Court by November 10, 2025, to represent other class members in directing the litigation [3] Group 2 - 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 [5] - Despite optimistic long-term projections, Fly-E's sales continued to decline while operating expenses increased, leading to a failure in revenue projections [5] - The lawsuit claims that when the true details about the company's performance were revealed, investors suffered damages [5] Group 3 - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4] - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4] - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing investor rights [4]

Core Viewpoint - A securities class action lawsuit has been filed against Fly-E Group, Inc. due to allegations of misleading investors regarding revenue outlook and demand for electric vehicle (EV) products [1][7]. Company Summary - Fly-E Group, Inc. is listed on NASDAQ under the ticker FLYE [6]. - The company is facing legal challenges related to its financial disclosures and statements made during the class period from July 15, 2025, to August 14, 2025 [7][8]. Legal Allegations - The lawsuit claims that Fly-E misrepresented its revenue outlook and demand for its EV products, while downplaying risks associated with lithium battery safety, supply chain changes, and regulatory challenges [7][8]. - A significant corrective disclosure occurred on August 14, 2025, when Fly-E reported a 32% year-over-year revenue drop, attributed to decreased E-Bike sales amid increasing incidents of lithium battery explosions in New York [7][8]. Financial Impact - Following the corrective disclosure, Fly-E's stock price experienced a dramatic decline of 87% in a single day, dropping from $7.76 to $1.00 per share [7][8]. Next Steps for Investors - Shareholders who have incurred losses during the class period can seek to be appointed as lead plaintiffs by contacting the law firm before the deadline of November 7, 2025 [7].

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving Fly-E Group, Inc. following a damaging report that led to a significant decline in the company's stock price [1][3]. Group 1: Investigation Details - Pomerantz LLP is representing investors of Fly-E Group, Inc. and is looking into whether the company and its officers or directors have engaged in securities fraud [1]. - The investigation was prompted by a report from The Bear Cave, which accused Fly-E of stock manipulation and being involved in a pump-and-dump scheme [3]. Group 2: Stock Performance - Following the publication of The Bear Cave report, Fly-E's stock price experienced a sharp decline over several consecutive trading sessions [3]. Group 3: Company Background - Fly-E Group, Inc. is under scrutiny for producing products that The Bear Cave claims endanger public safety in New York [3]. - Pomerantz LLP has a long history in corporate and securities class litigation, having recovered numerous multimillion-dollar damages awards for victims of securities fraud [4].

Core Points - A shareholder class action lawsuit has been filed against Fly-E Group, Inc. alleging materially false and misleading statements regarding its lithium battery, supply chain changes, regulatory environment, and demand fluctuations for E-Bikes and E-Scooters [1] - The lawsuit specifically targets shareholders who purchased shares between July 15, 2025, and August 14, 2025, and experienced significant losses [2] - Holzer & Holzer, LLC, a law firm specializing in securities litigation, is representing the shareholders in this case and has a history of recovering substantial amounts for investors affected by corporate misconduct [3]