The Albany Post
SEE OTHER BRANDS

Your daily news update on New York

Shareholders who lost money in shares of Fly-E Group, Inc. (NASDAQ: FLYE) Should Contact Wolf Haldenstein Immediately

Lead Plaintiff Deadline is November 7, 2025

NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP is notifying investors about a securities class action lawsuit against Fly-E Group, Inc.(NASDAQ: FLYE) (“Fly-E” or the “Company”).

PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION

        Fly-E Group, Inc. (NASDAQ: FLYE) Case Summary

Why Wolf Haldenstein Adler Freeman & Herz LLP?:

This illustrious firm, founded in 1888, is steadfast in their pursuit of justice for investors who have suffered financial harm due to these misrepresented statements. The law firm brings to the fore over 125 years of legal expertise in securities litigation and has a proven track record of protecting the rights of investors.

We encourage all investors who have been affected or have information that will assist in our investigation, to contact Wolf Haldenstein Adler Freeman & Herz LLP.

Contact:

Firm Website: Wolf Haldenstein Adler Freeman & Herz LLP

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Fly-E Group, Inc. (NASDAQ: FLYE)

  • Court: U.S. District Court, Eastern District of New York
  • Class Period: July 15, 2025 – August 14, 2025
  • Lead Plaintiff Deadline: November 7, 2025
  • Allegations:
    • Defendants misled investors by overstating revenue outlook and demand for EV products.
    • Downplayed risks tied to lithium battery safety issues, supply chain changes, and regulatory challenges.
  • Corrective Disclosure:
    • On August 14, 2025, Fly-E filed an NT 10-Q revealing a 32% revenue drop year-over-year, driven by fewer E-Bike sales amid rising lithium battery explosion incidents in New York.
    • Stock price plunged 87% in one day (from $7.76 to $1.00).


Primary Logo

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions