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Levi & Korsinsky Notifies Shareholders of Fly-E Group, Inc. (FLYE) of a Class Action Lawsuit and an Upcoming Deadline
Globenewswire· 2025-09-11 20:26
Core Points - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud occurring between July 15, 2025, and August 14, 2025 [1][2] - The lawsuit claims that the defendants misrepresented the company's revenue outlook and demand for its electric vehicle (EV) products, leading to a false impression of the company's financial health [2] - Investors affected by the alleged fraud have until November 7, 2025, to request to be appointed as lead plaintiff in the case [3] Company Details - The complaint alleges that Fly-E Group's optimistic revenue goals and demand for its EV products, including E-Bikes and E-Scooters, did not align with actual performance [2] - Defendants are accused of downplaying risks related to lithium battery supply chains, regulatory challenges, and demand fluctuations while promoting the company's brand reputation and cost reductions [2] Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
Rosen Law Firm Urges Unicycive Therapeutics, Inc. (NASDAQ: UNCY) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Businesswire· 2025-09-11 17:00
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Unicycive Therapeutics, Inc. (NASDAQ: UNCY) on behalf of shareholders who purchased securities during the specified class period, alleging that the company misled investors regarding its business operations [1][2]. Group 1: Allegations and Misleading Statements - The lawsuit claims that Unicycive overstated its readiness to meet FDA manufacturing compliance requirements [3]. - It is alleged that the regulatory prospects of the oxylanthanum carbunate (OLC) New Drug Application (NDA) were also overstated [3]. - As a result of these misleading statements, investors reportedly suffered damages when the true details became public [3]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their motions with the court by October 14, 2025 [4]. - Participation in the class action is not required to be eligible for recovery; shareholders can remain absent class members if they choose [4]. Group 3: Rosen Law Firm Overview - Rosen Law Firm is recognized for its commitment to shareholder rights litigation and has recovered over $1 billion for shareholders since its inception [6].
Contact The Gross Law Firm by November 7, 2025 Deadline to Join Class Action Against Fly-E Group, Inc.(FLYE)
Prnewswire· 2025-09-11 12:45
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].
National Drive Electric Month kicks off Sept. 12, features events in 41 states
PRWEB· 2025-09-11 12:00
Core Insights - The electric vehicle (EV) market is experiencing significant growth, with over 400 electric model trims available, catering to diverse lifestyles [2] - National Drive Electric Month events are designed to promote EV adoption through test drives and educational experiences [1][3] - Federal tax credits for new, used, and commercial EVs are available until September 30, incentivizing potential buyers to act quickly [2][3] Industry Events - National Drive Electric Month features events across the United States, including locations in Hawaii and Alaska, with participation from various sponsors [4] - Notable sponsors include Nissan, which is launching the 2026 Nissan LEAF®, and other organizations supporting EV adoption [4] - Events include educational talks, test drives, and opportunities to interact with current EV owners, enhancing community engagement [6] Organizational Background - Plug In America is a leading nonprofit organization focused on promoting the use of plug-in electric vehicles through education and advocacy [5] - The organization has been active since 2008 and runs various programs, including National Drive Electric Month, to inform consumers and dealerships about EVs [5]
Disruptive Theme of the Week: Top YTD Themes in the Rearview Mirror
Etftrends· 2025-09-10 17:23
Precious Metals - Gold and silver ETFs have performed well YTD, with the Wisdomtree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) leading at a 127% increase [2] - The iShares MSCI Global Gold Miners ETF (RING) and iShares MSCI Global Silver and Metals Miners ETF (SLVP) are up 98% and 97% respectively, while the Amplify Junior Silver Miners ETF (SILJ) is up 89% [2] Defense & Space - Global instability and defense modernization are driving military spending, particularly in Europe, where NATO has increased spending goals from 2% to 5% of GDP [3] - The Select STOXX European Aerospace & Defense ETF (EUAD) has risen 75% YTD, while the Global X Defense Tech ETF (SHLD) has a 67% YTD return [4] Critical Minerals & Metals - The theme of critical minerals and metals has shown strong returns, with the VanEck Rare Earth & Strategic Metals ETF (REMX) up 56% YTD and $750 million in assets [6] - The Sprott Critical Materials ETF (SETM) offers an alternative with only 4% exposure to China and a YTD return of 45% [6] Nuclear & Uranium - Nuclear energy is experiencing a revival due to rising electricity demand, with the Global X Uranium ETF (URA) up 52% YTD [8] - The VanEck Uranium and Nuclear ETF (NLR) and Range Nuclear Renaissance Index ETF (NUKZ) have also shown strong performance, up 46% and 42% respectively [9] Cannabis - Cannabis ETFs have rallied on the prospect of deregulation, with the AdvisorShares Pure US Cannabis ETF (YOLO) leading at a 35% increase YTD [11] - Other notable ETFs in this category include the Roundhill Cannabis ETF (WEED) and Amplify Seymour Cannabis ETF (CNBS) [11] Video Gaming - The video gaming sector has benefited from the success of the Nintendo Switch 2 and anticipated releases like Grand Theft Auto 6, with the Amplify Video Game Leaders ETF (GAMR) up 39% YTD [13] - Other ETFs in this space include the Global X Video Games & Esports ETF (HERO) and VanEck Video Gaming and eSports ETF (ESPO), up 38% and 37% respectively [13] Electric Vehicles - Electric vehicle sales are surging, with a 21% YOY increase globally, driven by 50% market adoption in China [14] - The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) and Amplify Lithium & Battery Technology ETF (BATT) have seen YTD increases of 28% and 26% respectively [14]
Hong Kong tops the world as fundraising hub for EVs, green finance, driven by HKEX reforms
Yahoo Finance· 2025-09-10 09:30
Group 1 - Hong Kong Exchanges and Clearing (HKEX) has become a leading fundraising platform for the new energy sector, particularly in electric vehicles (EVs) and related industries [1][2] - The market capitalization of new energy and EV sector companies listed in Hong Kong has reached US$806 billion, representing 13% of the total market, with a sixfold increase over the past decade [2] - Recent regulatory changes, specifically the relaxed fundraising rules under Chapter 18C, allow tech companies in green or renewable energy to list without prior revenue, enhancing the attractiveness of HKEX for startups [3] Group 2 - Hesai Group, a major supplier of automotive lidar sensors, has initiated an IPO aiming to raise up to HK$3.9 billion (US$500 million) through a dual primary listing in Hong Kong, reflecting the growing interest in Chinese EV makers and supply-chain vendors [4]
X @Herbert Ong
Herbert Ong· 2025-09-05 13:26
🚨 NEWS: Tesla Offers Unprecedented $1 Trillion Pay Package to MuskTesla proposed a new compensation agreement for CEO Elon Musk potentially worth around $1 trillion, a massive package without precedent in corporate America.The long-awaited proposal sets a series of ambitious benchmarks he must meet to earn the full payout, including expanding Tesla’s nascent robotaxi business and growing the company’s market value to at least $8.5 trillion from around $1 trillion today. The plan spans 10 years.The additiona ...
馬斯克「踢館」成功!特斯拉在韓國殺瘋了,單月銷量衝進全球前三!#特斯拉 #Cybertruck #韓國 #現代汽車 #電動車 #ModelY #ElonMusk
大鱼聊电动· 2025-09-05 10:20
特斯拉 最讓人意外 的市場在哪? 不是美國 不是中國 而是韓國! 那個現代和起亞 的絕對主場! 馬斯克 最近在這裡 下了一步狠棋! 直接把 Cybertruck 帶到韓國 開放預訂! 這簡直就是 開著星際戰艦 直接堵到 人家大門口! 目的只有一個: 踢館! 韓國市場 也確實值得 Tesla如此重視 今年八月份 特斯拉在 韓國一個月 賣出了接近 8000 台車! 創下歷史新高! 這個數字 有多恐怖? 這讓韓國 瞬間成為 特斯拉全球 第三大市場! 光是 Model Y 這一款車 就賣了超過 6600 台 直接把 所有進口車 狠狠甩在身後! 這說明在絕對的 產品力面前 所謂的主場優勢 可能不堪一擊 韓國的朋友們 嘴上喊著 支持國貨 但身體 卻很誠實地 投了Tesla一票. ...
X @Herbert Ong
Herbert Ong· 2025-09-04 14:31
Expansion and Investment - Tesla plans to launch a European development center in Berlin-Köpenick by 2026 [1] - The development center represents a multi-million euro investment by Tesla [2] - Approximately 250 engineers and technicians will be employed at the new facility [2] Production and Workforce - Tesla's Gigafactory in Grünheide employs around 11,500 workers [3] - The Gigafactory produces approximately 5,000 electric vehicles each week [3] Strategic Planning - The establishment of the design and development center in Berlin was initially announced in November 2019, indicating a long-term strategy for Tesla's presence in Germany [3]
X @Bloomberg
Bloomberg· 2025-09-03 11:42
Tesla's sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share in countries seeing stronger EV demand https://t.co/dbocOy5ZUZ ...