ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Fly-E Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYE
Globenewswire·2025-10-02 19:20

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fly-E Group, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on November 10, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Fly-E securities between July 15, 2025, and August 14, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the November 10, 2025 deadline [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. Group 2: Case Background - 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 [4]. - Despite optimistic long-term projections, Fly-E's sales continued to decline, and operating expenses increased, leading to a failure in meeting revenue forecasts [4]. - The lawsuit claims that when the true information became public, investors suffered damages due to the misleading statements made by the company [4].