Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for alleged violations of federal securities laws during the specified class period, highlighting concerns over misleading statements regarding the safety of its lithium battery technology and its impact on sales revenue [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased Fly-E securities between July 15, 2025, and August 14, 2025 [2]. - Allegations include that Fly-E made materially false and misleading statements while concealing adverse facts about the safety of its lithium battery technology, which negatively affected E-vehicle sales revenue [3]. - The complaint asserts that Fly-E's forecasting processes were flawed, failing to account for declining sales and rising operating expenses, which undermined revenue projections [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Fly-E have until November 7, 2025, to request appointment as lead plaintiff in the class action [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorneys' fees if successful [5]. - The firm has a history of recovering substantial amounts for investors in securities fraud class actions [6].