Core Points - The Gross Law Firm has issued a notice to shareholders of Fly-E Group, Inc. regarding a class action lawsuit due to misleading statements about the safety of its lithium batteries, which negatively impacted E-vehicle sales revenue [1] - The class period for the lawsuit is from July 15, 2025, to August 14, 2025, with a significant revenue decline of 32% reported on August 14, 2025, attributed to decreased unit sales and recent lithium-battery accidents [1] - Following the revelation of these issues, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share in one day [1] Company and Industry Summary - Fly-E Group, Inc. faced allegations of providing overly positive statements while concealing material adverse facts about its lithium battery safety, leading to a significant drop in sales and revenue projections [1] - The company reported a substantial decrease in net revenues, primarily driven by a decline in total units sold, which was linked to recent accidents involving its lithium batteries [1] - The Gross Law Firm is actively seeking to protect the rights of investors who suffered losses due to the company's misleading practices, emphasizing the importance of corporate responsibility and transparency [3]

Group 1: Savara Inc. (SVRA) - A shareholder class action lawsuit has been filed against Savara Inc. alleging that the company made materially false and/or misleading statements regarding its biologics license application for MOLBREEVI between March 7, 2024, and May 23, 2025 [1] - Investors who purchased Savara shares during this period and suffered significant losses are encouraged to discuss their legal rights [1] Group 2: Fly-E Group, Inc. (FLYE) - A shareholder class action lawsuit has been filed against Fly-E Group, Inc. alleging that the company made materially false and/or misleading statements regarding its lithium battery, supply chain changes, regulatory environment, and demand fluctuations for E-Bikes and E-Scooters between July 15, 2025, and August 14, 2025 [2] - Investors who purchased Fly-E shares during this period and suffered significant losses are encouraged to discuss their legal rights [2] Group 3: Lantheus Holdings, Inc. (LNTH) - A shareholder class action lawsuit has been filed against Lantheus Holdings, Inc. alleging that the company created a false impression regarding its projected revenue outlook and anticipated growth while minimizing risks from competition, pricing dynamics, seasonality, and macroeconomic fluctuations between February 26, 2025, and August 5, 2025 [3] - Investors who purchased Lantheus shares during this period and suffered significant losses are encouraged to discuss their legal rights [3] Group 4: Holzer & Holzer, LLC - Holzer & Holzer, LLC is a top-rated securities litigation law firm that represents shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation [4] - The firm has recovered hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct since its founding in 2000 [4]

Core Viewpoint - Fly-E Group, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between July 15, 2025, and August 14, 2025 [1][2]. Summary by Relevant Sections Class Action Details - The lawsuit claims that Fly-E provided misleading positive statements while concealing material adverse facts about the safety of its lithium batteries, which adversely affected E-vehicle sales revenue [2]. - On August 14, 2025, Fly-E disclosed a 32% decrease in net revenues, primarily due to a drop in total units sold, attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [2]. - Following this disclosure, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share, marking an approximate 87% decline in just one day [2]. Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 10, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Firm Background - 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 in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Core Viewpoint - Fly-E Group, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between July 15, 2025, and August 14, 2025 [1][2] Company Performance - The lawsuit claims that Fly-E provided overly positive statements while concealing material adverse facts about the safety of its lithium batteries, which affected E-vehicle sales revenue [2] - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a decline in total units sold, attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [2] - Following the negative news, Fly-E's stock price plummeted from $7.76 per share on August 14, 2025, to $1.00 per share on August 15, 2025, marking an approximate 87% decline in just one day [2] Legal Proceedings - Investors who suffered losses during the specified timeframe have until November 10, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Firm Background - 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 in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]

Core Points - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [1][2] - The lawsuit claims that Fly-E made misleading statements regarding the safety of its lithium batteries, which negatively impacted E-vehicle sales revenue, despite optimistic long-term projections [2] - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, linked to recent lithium-battery accidents [2] - Following this announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share in one day [2] Case Details - The lawsuit seeks to recover losses for investors who were adversely affected by the alleged fraud during the specified period [1] - Investors have until November 10, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4]

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for misleading investors regarding its revenue outlook and sales performance during the class period from July 15, 2025, to August 14, 2025 [6]. Allegation Details - The lawsuit claims that Fly-E's management created a false impression of reliable revenue projections and demand for its electric vehicle (EV) products, while downplaying risks associated with lithium batteries and supply chain issues [6]. - A significant 32% decrease in net revenue was reported, attributed to a decline in total units sold due to customer hesitance linked to lithium battery explosion incidents [6]. Financial Impact - Following the SEC filing on August 14, 2025, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share on August 15, 2025, marking an 87% decline in just one day [6].

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].

Core Viewpoint - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by false statements regarding the company's revenue outlook and sales projections [2][3]. - Defendants allegedly created a false impression of reliable information about Fly-E's projected revenue, while the actual demand for its electric vehicle (EV) products fell short [3]. - The complaint highlights that the defendants downplayed risks associated with lithium battery supply chains, regulatory environments, and demand fluctuations for Fly-E's E-Bikes and E-Scooters [3]. Group 2: Investor Information - Investors affected by the alleged fraud have until November 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [5]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [5].

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].

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]