Core Viewpoint - Fly-E Group, Inc. is facing a class action lawsuit due to allegations of stock manipulation and a potential pump-and-dump scheme, which has led to a significant decline in its stock price [3]. Group 1: Legal Actions - The Portnoy Law Firm is advising Fly-E investors to join a class action lawsuit for those who purchased securities between July 15, 2025, and August 14, 2025, with a deadline to file a lead plaintiff motion by November 7, 2025 [1]. - Investors can contact attorney Lesley F. Portnoy for a complimentary case evaluation and to discuss their legal rights [2]. Group 2: Company Allegations - A report published by The Bear Cave on August 13, 2025, claimed that Fly-E's stock is being manipulated by overseas scammers and is at risk of a severe collapse, asserting that the company's products endanger public safety [3]. - Following the publication of this report, Fly-E's stock price experienced a sharp decline over several trading sessions [3]. Group 3: Law Firm Background - The Portnoy Law Firm has a history of representing investors in claims related to corporate wrongdoing, with the founding partner having recovered over $5.5 billion for aggrieved investors [4].
Portnoy Law Firm Announces Class Action on Behalf of Fly-E Group, Inc. Investors