Overview
- A securities class action was filed in the Eastern District of New York on behalf of Fly‑E investors who bought shares between July 15 and August 14, 2025.
- The complaint alleges Fly‑E concealed safety problems with its lithium battery technology and issued unreasonable forecasts that ignored rising costs, supply risks, and softening demand.
- Plaintiffs say subsequent disclosures triggered a decline in Fly‑E’s stock as the alleged issues became public.
- Johnson Fistel, Rosen Law Firm, and Bernstein Liebhard are soliciting class members on a contingency basis, with lead‑plaintiff deadlines cited as November 7 and November 10, 2025.
- No class has been certified, and investors are not represented by class counsel unless they retain counsel or the court certifies a class.