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FLYE DEADLINE NOTICE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Fly-E Group, Inc. Investors to Secure Counsel Before Important November 10 Deadline in Securities Class Action – FLYE
Globenewswire· 2025-11-01 01:11
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fly-E Group, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Fly-E Group, Inc. securities is from July 15, 2025, to August 14, 2025, inclusive [1]. - Investors who purchased Fly-E securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 10, 2025 [2]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time and has been ranked highly for its performance in this area since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3]. Group 3: Case Specifics - The lawsuit alleges that Fly-E Group provided misleading statements regarding the safety of its lithium battery, which negatively impacted its E-vehicle sales revenue [4]. - Despite optimistic long-term projections, Fly-E's sales continued to decline, and operating expenses increased, leading to a failure in meeting revenue forecasts [4]. - The lawsuit claims that when the true information became public, investors suffered damages as a result [4].
Levi & Korsinsky Notifies Fly-E Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – FLYE
Globenewswire· 2025-10-31 20:04
NEW YORK, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fly-E Group, Inc. ("Fly-E" or the "Company") (NASDAQ: FLYE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fly-E investors who were adversely affected by alleged securities fraud between July 15, 2025 and August 14, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fly-e-group-inc-lawsuit-submissi ...
ROSEN, A LONGSTANDING FIRM, Encourages Fly-E Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYE
Globenewswire· 2025-10-28 21:06
NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fly-E Group, Inc. (NASDAQ: FLYE) between July 15, 2025 and August 14, 2025, both dates inclusive (the “Class Period”), of the important November 10, 2025 lead plaintiff deadline. SO WHAT: If you purchased Fly-E securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHA ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Fly-E Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYE
Globenewswire· 2025-10-24 21:39
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fly-E Group, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Fly-E Group, Inc. securities is from July 15, 2025, to August 14, 2025, inclusive [1]. - Investors who purchased Fly-E securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 10, 2025 [2]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [3]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [3]. Group 3: Case Allegations - The lawsuit alleges that Fly-E Group provided misleading statements regarding the safety of its lithium battery, which negatively impacted its E-vehicle sales revenue [4]. - Despite optimistic long-term projections, Fly-E's sales continued to decline, and operating expenses increased, leading to a failure in meeting revenue forecasts [4]. - The lawsuit claims that when the true information became public, investors suffered damages [4].
Fly-E Group, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before November 10, 2025 to Discuss Your Rights - FLYE
Prnewswire· 2025-10-24 13:00
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 its electric vehicle sales revenue [2] - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in units sold, attributed to recent lithium battery accidents [2] - Following this disclosure, Fly-E's stock price plummeted approximately 87%, from $7.76 to $1.00 per share in one day [2] Case Details - The lawsuit seeks to recover losses for investors who were misled by Fly-E's positive statements while concealing material adverse facts [2] - The company’s revenue projections were significantly derailed due to increasing operating expenses and declining sales [2] - Investors have until November 10, 2025, to request to be appointed as lead plaintiff in the case [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 as one of the top securities litigation firms in the United States for seven consecutive years [4]
Fly-E Group, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before November 10, 2025 to Discuss Your Rights - FLYE
Prnewswire· 2025-10-23 12:45
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 the financial 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 decline in sales and revenue projections [1] - The company reported a substantial decrease in net revenues, primarily driven by a drop in total units sold, which was linked to safety incidents involving its products [1] - The Gross Law Firm is encouraging shareholders to register for the class action lawsuit, with a deadline for lead plaintiff applications set for November 10, 2025 [2]
Fly-E Group, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 10, 2025 to Discuss Your Rights – FLYE
Globenewswire· 2025-10-22 20:10
Core Viewpoint - The Gross Law Firm is notifying shareholders of Fly-E Group, Inc. about a potential class action lawsuit due to misleading statements regarding the safety of its lithium batteries, which negatively impacted the company's E-vehicle sales and revenue projections [1][3]. Summary by Sections Allegations - The complaint alleges that Fly-E Group provided overly positive statements while concealing material adverse facts about the safety of its lithium batteries, leading to a significant decline in E-vehicle sales revenue [3]. - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, which was attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [3]. - Following this revelation, Fly-E's stock price plummeted from $7.76 per share to $1.00 per share on August 15, 2025, marking an approximate 87% decline in just one day [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period (July 15, 2025, to August 14, 2025) are encouraged to register for the class action by November 10, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [5].
ROSEN, A TOP RANKED LAW FIRM, Encourages Fly-E Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYE
Globenewswire· 2025-10-21 23:21
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fly-E Group, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Fly-E Group, Inc. securities is from July 15, 2025, to August 14, 2025, inclusive [1]. - Investors who purchased Fly-E securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 10, 2025 [2]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [3]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [3]. Group 3: Case Allegations - The lawsuit alleges that Fly-E Group provided misleading statements regarding the safety of its lithium battery, which negatively impacted its E-vehicle sales revenue [4]. - Despite optimistic long-term projections, Fly-E's sales continued to decline, and operating expenses increased, leading to a failure in meeting revenue forecasts [4]. - The lawsuit claims that when the true information became public, investors suffered damages as a result [4].
Investors who lost money on Fly-E Group, Inc.(FLYE) should contact The Gross Law Firm about pending Class Action - FLYE
Prnewswire· 2025-10-20 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 misleading statements about the safety of its lithium batteries, which negatively impacted the company's E-vehicle sales and revenue projections [1]. Summary by Sections Allegations - The complaint alleges that Fly-E Group provided overly positive statements while concealing material adverse facts about the safety of its lithium batteries, leading to a significant decline in E-vehicle sales revenue [1]. - On August 14, 2025, Fly-E reported a 32% decrease in net revenues, primarily due to a drop in total units sold, which was attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters [1]. - Following this revelation, 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 [1]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by November 10, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
Air China flight diverted after lithium battery catches fire on board
NBC News· 2025-10-19 16:30
Tonight, chaos on an Air China flight after a fire sparked by a lithium battery broke out midair. According to the airline, you can see the flames coming out of this carry-on bag in an overhead compartment. Smoke filling the cabin and then flight attendants quickly responding.The flight from Hjo, China to Seoul Saturday was diverted to Shanghai. Air China saying in a statement the battery spontaneously combusted, adding that no one was injured. This just the latest terrifying battery fire on airplanes.In Ja ...