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Pomerantz LLP investigates Fly-E Group for securities fraud claims.
ByAinvest
Saturday, Sep 6, 2025 11:09 am ET1min read
Pomerantz LLP is investigating claims on behalf of investors of Fly-E Group, Inc. regarding alleged securities fraud and unlawful business practices. The investigation follows a report by The Bear Cave that Fly-E's stock is being manipulated and at risk of a severe stock collapse. Fly-E's stock price fell sharply after the report's publication.
New York, September 2, 2025 - Pomerantz LLP, a renowned law firm specializing in corporate, securities, and antitrust class litigation, has initiated an investigation into claims on behalf of investors of Fly-E Group, Inc. ("Fly-E" or the "Company") (NASDAQ: FLYE). The investigation aims to determine whether Fly-E and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices [1].The investigation was triggered by a report published on August 13, 2025, by The Bear Cave, which asserted that Fly-E's stock is being manipulated by overseas stock scammers, is in the end stages of a pump-and-dump scheme, and is at risk of a near-term, severe stock collapse. The report also claimed that Fly-E Group's products pose a safety risk to all New Yorkers [2]. Following the publication of this report, Fly-E's stock price experienced a sharp decline over several consecutive trading sessions.
Investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980, to join the class action and provide information relevant to the investigation [1].
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is recognized for its expertise in securities class actions. Founded by the late Abraham L. Pomerantz, the firm continues to fight for the rights of victims of securities fraud, breaches of fiduciary duty, and corporate misconduct [1].
References:
[1] https://www.marketscreener.com/news/pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-fly-e-group-inc-flye-ce7d59dbd88cf622
[2] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-fly-e-group-inc---flye-302544797.html
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