If you have held Fly-E Group shares continuously since prior to July 15, 2025, you may have standing to seek corporate governance reforms at Fly-E Group, including improvements to internal controls, transparency, and executive oversight.
Complaint Allegations
A class action lawsuit alleges that Fly‑E and certain of its officers made materially false and misleading statements regarding safety issues related to its lithium‑battery technology and electric mobility products. The complaint asserts that safety, regulatory, and supply‑chain problems were downplayed while the company issued optimistic projections. When the truth emerged, including the impact on Fly‑E’s revenue and outlook, the stock price declined, harming investors.