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]