Fly-E Group, Inc. Common Stock Price & Performance (FLYE)

UL Solutions has filed a lawsuit against Fly-E Group, accusing the company of counterfeiting its UL Mark and falsely advertising e-mobility products as certified. The legal battle seeks damages and an injunction to stop unauthorized use, highlighting consumer safety concerns and Fly-E's financial instability.12

Fly-E Group is under fire for allegedly misusing UL Solutions' trademark, falsely claiming safety certifications for its e-mobility products. The lawsuit could lead to significant financial penalties and operational disruptions, as UL Solutions demands accountability for what it describes as reckless disregard for safety.34

A trademark infringement lawsuit by UL Solutions targets Fly-E Group for allegedly counterfeiting safety certifications. The case underscores the importance of product safety in the e-mobility sector, with potential repercussions for Fly-E, including product recalls and reputational damage.56