Important Notice for Fly-E Group Investors
On September 18, 2025, The Gross Law Firm announced an urgent call to action for shareholders of Fly-E Group, Inc. (NASDAQ: FLYE). If you purchased shares during the class period from July 15, 2025, to August 14, 2025, you are encouraged to reach out to the firm without delay.
Why This Notice Matters
The Gross Law Firm's alert pertains to a class action lawsuit alleging that Fly-E Group misrepresented its financial outlook. According to the allegations, the company made unfounded assertions about its revenue potential and product demand, subsequently misleading investors about the true state of its business operations and strategies. Investors who believed in Fly-E's promises may have suffered losses due to the reality falling significantly short of the claims made by the company's representatives.
Details of the Allegations
Specific allegations highlight that Fly-E's leadership created a misleading impression of having accurate and reliable forecasts regarding revenue growth. This included claims of favorable supplier pricing and improved cost structures, which purportedly strengthened the company’s market position. However, the complaint suggests that actual demand for Fly-E's electric vehicles, particularly its E-Bikes and E-Scooters, did not meet the optimistic expectations. Furthermore, it emphasizes that while the Fly-E brand was promoted as strong, underlying operational challenges and shifts in supply chain dynamics posed significant risks.
Importance of Joining the Class Action
Investors who decide to join this class action will have the chance to recover losses arising from these alleged misrepresentations. By registering as a shareholder who participated in recording the purchase of Fly-E stocks within the specified period, individuals will benefit from a monitoring system that updates them throughout the legal process.
The deadline for submitting registrations to potentially serve as lead plaintiffs is November 7, 2025. Importantly, this role does not come with any cost or obligation beyond the registration itself. Being part of this class action could be vital for shareholders looking to reclaim their investments.
Next Steps for Shareholders
Shareholders are strongly advised to register their information on The Gross Law Firm's website as soon as possible. The firm has an established reputation for advocating the rights of investors, striving to ensure accountability from corporations engaged in misleading practices. They emphasize a commitment to protecting the rights of those who face financial harm due to corporate deceit.
In order to participate, follow the registration link provided:
Register Here. Once you sign up, you can expect to receive updates via a specialized monitoring software designed to keep you informed about the litigation's progress.
Why Choose The Gross Law Firm?
The Gross Law Firm has garnered national recognition in class action litigations, providing robust representation aimed at recovering losses for investors. They work diligently to ensure that companies abide by ethical business standards and uphold their corporate responsibilities. With extensive experience in handling similar cases, they understand the intricacies involved in securities law and investor rights protection.
Don't overlook the opportunity to take part in this important legal action against Fly-E Group. Register today and let your voice be heard as an investor seeking justice against potential corporate malpractice.
For additional information or inquiries, contact The Gross Law Firm:
15 West 38th Street, 12th Floor
New York, NY 10018
Email:
[email protected]
Phone: (646) 453-8903