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Fly-E Group, Inc. (FLYE) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-25 19:36
Core Viewpoint - Investors in Fly-E Group, Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements made by the company's defendants regarding its business operations and market conditions [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit claims that from July 15, 2025, to August 14, 2025, the defendants failed to disclose critical information about Fly-E's brand reputation, cost reductions, and supplier pricing, which were presented as key factors for the company's sales growth [2]. - It is alleged that the defendants minimized risks related to lithium battery issues, supply chain changes, regulatory challenges, and demand fluctuations for Fly-E's E-Bikes and E-Scooters [2]. - The positive statements made by the defendants regarding the company's business and prospects were deemed materially misleading and lacked a reasonable basis during the relevant period [2]. Participation Information - Investors who suffered losses in Fly-E are encouraged to participate in the ongoing lawsuit before the lead plaintiff deadline of November 7, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to learn about their rights regarding the lawsuit [3][4].
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Fly-E Group, Inc. (FLYE) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Globenewswire· 2025-09-10 14:43
Core Points - A shareholder class action lawsuit has been filed against Fly-E Group, Inc. alleging materially false and misleading statements regarding its lithium battery, supply chain changes, regulatory environment, and demand fluctuations for E-Bikes and E-Scooters [1] - The lawsuit specifically targets shareholders who purchased shares between July 15, 2025, and August 14, 2025, and experienced significant losses [2] - Holzer & Holzer, LLC, a law firm specializing in securities litigation, is representing the shareholders in this case and has a history of recovering substantial amounts for investors affected by corporate misconduct [3]