Johnson Fistel Announces Class Action Lawsuit Against Fly-E Group, Inc. (FLYE) on Behalf of Investors

Johnson Fistel, PLLP announces that a class action lawsuit has been filed on behalf of investors of Fly-E Group, Inc. (NASDAQ: FLYE). The lawsuit seeks to recover losses on behalf of investors who purchased or acquired the Company’s securities between July 15, 2025 and August 14, 2025, inclusive (the “Class Period”).

What if I purchased Fly-E securities?

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What is this case about?

The Fly-E Group class action lawsuit alleges that the Company and certain of its officers made materially false and misleading statements, and/or failed to disclose material adverse facts during the Class Period, including safety issues with its lithium battery technology, which were allegedly concealed while the Company made positive public statements. These safety and possibly regulatory concerns allegedly impacted revenue from its electric vehicle business, including e-bikes and e-scooters, despite Fly-E’s public long-term growth projections. The Complaint also claims that forecasts made by the Company lacked a reasonable basis and failed to take into account rising operating costs, supply chain risks, and demand fluctuations. When these issues came to light, the Company’s stock price declined as investors reacted to the disclosures.

Fly-E Group, Inc.

Johnson Fistel Announces Class Action Lawsuit Against Fly-E Group, Inc. (FLYE) on Behalf of Investors

What if I purchased Fly-E securities?

What is this case about?

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