FLYE INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Fly-E Group, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

New York, New York--(Newsfile Corp. - November 3, 2025) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Fly-E Group, Inc. ("Fly-E" or "the Company") (NASDAQ: FLYE) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Fly-E securities between July 15, 2025 and August 14, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/FLYE.

Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Fly-E provided overwhelmingly positive statements to investors while concealing material adverse facts concerning the safety of its lithium battery technology; (2) These concealed safety issues materially impacted Fly-E's E-vehicle sales revenue, which declined despite the Company's lofty long-term projections; (3) Fly-E's forecasting processes lacked a reasonable basis and failed to account for declining sales and rising operating expenses, ultimately derailing its revenue projections; and (4) As a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/FLYE, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Fly-E you have until November 7, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [e-mail]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265890

at the time of publication of the news with a fall of -54,13 % to 0,504 on NYSE stock exchange (01. November 2025, 01:00 Uhr).