Core Points - A class action lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud and unlawful business practices [2] - Investors have until November 7, 2025, to request appointment as Lead Plaintiff if they purchased Fly-E securities during the Class Period [2] - Fly-E reported a 32% decrease in net revenues for Q1 FY 2026, attributed to a decline in total units sold and recent lithium-battery accidents involving E-Bikes and E-Scooters [4] - Following the revenue report, Fly-E's stock price plummeted by $6.76, or 87.11%, closing at $1.00 per share on August 15, 2025 [4] Company Information - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for class members [5]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Fly-E Group, Inc. of Class Action Lawsuit and Upcoming Deadlines – FLYE