1. FLYE faces a class action lawsuit for misleading financial statements. 2. Class period: July 15 to August 14, 2025; deadline is November 7, 2025. 3. Claims state FLYE's revenue goals were unrealistic and overly optimistic. 4. Investors affected are encouraged to join the lawsuit for possible recovery. 5. DJS Law Group specializes in securities class actions and corporate governance.
Lawsuits can significantly harm investor confidence, adversely affecting share prices. Historical precedents show similar stocks faced drastic declines post-lawsuit announcements.
The class action lawsuit signals serious concerns about FLYE's financial statements, directly impacting share prices. Investors view litigation as a high-risk factor.
Legal issues typically influence price within weeks or months. Immediate investor reactions can drive volatility.
The DJS Law Group reminds investors of a class action lawsuit against Fly-E Group, Inc. ("Fly-E" or "the Company") (NASDAQ: FLYE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of FLYE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: July 15, 2025 to August 14, 2025
DEADLINE: November 7, 2025
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The revenue goals shared by Fly-E had no basis in reality when compared to its actual performance. The Company was overly optimistic in its ability to reduce costs and achieve attractive pricing from suppliers. Based on these facts, Fly-E's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250923670327/en/
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com