Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly misleading investors about its business prospects, particularly regarding its revenue outlook and sales performance during a specified period [1][2]. Company Overview - Fly-E Group, Inc. operates in the electric vehicle sector, designing, installing, and selling smart electric motorcycles, electric bikes, electric scooters, and related accessories under the Fly E-Bike brand across the United States, Mexico, and Canada [1]. Allegations - The lawsuit claims that Fly-E Group's management created a false impression of having reliable information about the company's projected revenue and sales, while in reality, the company's optimistic revenue goals did not align with actual performance [2]. - The complaint highlights that management downplayed risks associated with lithium batteries, supply chain changes, and regulatory challenges, while overemphasizing brand reputation and cost reductions as growth drivers [2]. Financial Performance - On August 14, 2025, Fly-E filed a notification with the SEC indicating a significant 32% decrease in net revenue compared to the same period in 2024, primarily attributed to a decline in total units sold due to consumer hesitance linked to lithium battery explosion incidents [3]. - 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 [3]. Legal Proceedings - Shareholders are encouraged to participate in the class action lawsuit against Fly-E Group, with options to serve as lead plaintiff or remain an absent class member [4].

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Fly-E (FLYE)To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Fly-E between July 15, 2025, to August 14, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder ri ...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Fly-E Group, Inc. ("Fly- E†or the "Company†) (NASDAQ: FLYE) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FLY-E (FLYE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On August 14, 2025, Fly-E. ...

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Fly-E Group ("Fly-E†or the "Company†) (NASDAQ: FLYE) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FLY-E (FLYE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howa. ...

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Fly-E Group, Inc. ("Fly-E†or the "Company†) (NASDAQ: FLYE) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FLY-E (FLYE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On August 14, 2025, Fly-E filed a Notification of inability to timely file Form 10-. ...

Accessibility StatementSkip Navigation So what: If you purchased Fly-E securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Fly-E class action, go to https://rosenlegal.com/submit-form/?case_id=44575 mailto:or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If ...

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Fly-E Group, Inc. (NASDAQ: FLYE) between July 15, 2025 and August 14, 2025. Fly-E describes itself as a company that "designs, installs, and sells smart electric motorcycles, electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States, Mexico, and Canada.†For more information, subm. ...

NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Fly-E Group, Inc. (“Fly-E” or the “Company”) (NASDAQ: FLYE) between July 15, 2025, to August 14, 2025, both dates inclusive. You are hereby notified that the class action lawsuit Dino Kurt v. Fly-E Group, Inc., et al. (Case No. 1:25-cv-05017) has been commenced in the United States District Court for the Eastern District ...

NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Fly-E Group, Inc. (“Fly-E” or the “Company”) (NASDAQ: FLYE) between July 15, 2025 and August 14, 2025, inclusive. For more information, submit a form at Fly-E Group, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or call us a ...

NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons or entities who purchased or otherwise acquired Fly-E Group, Inc. (“Fly-E” or the “Company”) (NASDAQ: FLYE) securities between July 15, 2025 and August 14, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants created the false impression that they possesse ...