Class Action Filed by Pomerantz LLP Against Fly-E Group, Inc. – FLYE

Acceswire
2025.10.28 15:00
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Pomerantz LLP has filed a class action lawsuit against Fly-E Group, Inc. for alleged securities fraud and unlawful business practices. Investors who purchased Fly-E securities during the Class Period can contact Pomerantz to join the lawsuit by November 7, 2025. The lawsuit follows a significant 32% drop in Fly-E's net revenues, attributed to recent lithium-battery accidents involving E-Bikes and E-Scooters, which caused the stock price to plummet by 87.11% to $1.00 per share on August 15, 2025.