Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly making false and misleading statements regarding its financial performance and revenue goals during a specified class period [1][2]. Summary by Sections Class Action Details - The class period for the lawsuit is from July 15, 2025, to August 14, 2025, with a deadline for lead plaintiff appointments set for November 7, 2025 [2]. - The complaint alleges that Fly-E's revenue goals were unrealistic and that the company was overly optimistic about cost reductions and supplier pricing [2]. Shareholder Participation - Shareholders who purchased shares during the class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not required to participate in any recovery [2][3]. - Registered shareholders will receive updates through a portfolio monitoring software at no cost [3]. Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4].
Fly-E Group, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – FLYE