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].
Contact The Gross Law Firm by November 7, 2025 Deadline to Join Class Action Against Fly-E Group, Inc.(FLYE)