#USA #New York #Securities Fraud #Rosen Law Firm #Fly-E Group

Overview of Fly-E Group, Inc. Securities Fraud Lawsuit

In a significant development for investors of Fly-E Group, Inc. (NASDAQ: FLYE), a global investor rights law firm, the Rosen Law Firm has issued a reminder regarding the opportunity for shareholders to participate in a class action lawsuit. The firm is reaching out to those who purchased Fly-E securities between July 15 and August 14, 2025, urging them to consider taking action before the crucial deadline of November 10, 2025.

Importance of the Lawsuit

The lawsuit addresses allegations that Fly-E Group misled investors about the safety and performance of its lithium batteries used in electric vehicles. According to the complaints, during the class period, the company made favorable statements that were in stark contrast to the underlying realities. Concerns regarding the safety of their products were allegedly concealed, which negatively affected the company's sales of electric vehicles.

As sales figures declined and operational costs mounted, the forecasts made by Fly-E became highly optimistic yet unrealistic. Investors who believed in these projections faced adverse consequences when the truth became evident, leading to a loss of value in their investments.

How to Participate

Individuals who purchased Fly-E securities during the specified class period may be eligible for compensation under a contingency fee agreement. Essentially, this means that participants can pursue their claims without the burden of upfront costs. To join the lawsuit, potential claimants need to visit the Rosen Law Firm's website or contact the firm directly for more detailed guidance.

For interested investors, you can apply through the following link: Join Fly-E Class Action. Alternatively, you can reach out to Phillip Kim, Esq. at 866-767-3653 for assistance.

Selection of Legal Representation

Rosen Law Firm emphasizes the importance of selecting experienced legal counsel who have a proven track record in handling class action lawsuits. Unlike many firms issuing notices who may be unexperienced, Rosen Law Firm has established itself as a leading representative of investors, having resolved numerous class action lawsuits successfully.

Historically, the firm achieved one of the largest securities class action settlements against a Chinese company, highlighting its capabilities. The firm has consistently ranked among the top firms in terms of settlements and has helped recover significant amounts for investors in the past.

Case Details

The lawsuit contends that Fly-E Group imparted considerably misleading information to investors during the class period while their lithium battery faced serious safety concerns. These oversights led to a mismatch between projections and actual sales, subsequently affecting the company’s financial performance. When these facts were disclosed, investors allegedly experienced significant losses.

Conclusion and Next Steps

For shareholders of Fly-E Group who are seeking to be part of this ongoing legal action, the next steps are clear: act before the November 10 deadline to ensure your interests are represented. However, it is crucial to remember that until a class is certified, amateur investors may not be represented unless they make their own arrangements.

Additionally, being a lead plaintiff means taking a more active role in the litigation process but is not a requirement for sharing in any potential recovery. Investors not opting for this role can still participate as absent class members, retaining the freedom to choose their course of action.

For up-to-date information, feel free to follow Rosen Law Firm on their social media platforms or their official website.