Workflow
Flywire(FLYW)
icon
Search documents
Class Action Filed Against Flywire Corporation (FLYW) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-08-04 12:45
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of FLYW during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 23, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect th ...
FLYW LEGAL ALERT: Lose Money on Your Flywire Corporation Investment? Contact BFA Law by September 23 Class Action Deadline (NASDAQ:FLYW)
GlobeNewswire News Room· 2025-08-03 11:07
Core Viewpoint - A lawsuit has been filed against Flywire Corporation and its senior executives for potential violations of federal securities laws, with claims related to the company's misrepresentation of its revenue growth and the impact of visa-related restrictions on its business [1][2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of New York, titled Hickman v. Flywire Corp., et al., No. 1:25-cv-04110 [2]. - Investors have until September 23, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - Flywire operates as a payments-enablement and software company, primarily serving the education sector, which is heavily reliant on international enrollments [3]. - The company has faced challenges due to tightening student visa and permitting rules implemented by the Canadian and Australian governments in late 2023 and early 2024 [3]. Group 3: Allegations and Impact - The lawsuit alleges that Flywire overstated the strength and sustainability of its revenue growth while downplaying the negative impacts of permit- and visa-related restrictions [4]. - On February 25, 2025, Flywire disclosed significant deterioration in its education sector business, citing "double digit declines in student visa issuance" and anticipated continued restrictions [5]. - Following this announcement, Flywire's stock price fell approximately 37%, from $17.64 per share to $11.05 per share within a day [5].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Flywire Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYW
GlobeNewswire News Room· 2025-08-02 13:26
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Flywire Corporation securities, alleging misleading statements regarding the company's revenue growth and the impact of permit and visa-related restrictions on its business during the specified Class Period from February 28, 2024, to February 25, 2025 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Flywire's defendants made false and misleading statements about the sustainability of the company's revenue growth and downplayed the negative effects of permit and visa-related restrictions on its operations [5]. - Investors who purchased Flywire securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the Flywire class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by September 23, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
FLYW LAWSUIT ALERT: Levi & Korsinsky Notifies Flywire Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-07-31 20:07
WHAT'S NEXT? If you suffered a loss in Flywire Corporation during the relevant time frame, you have until September 23, 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 a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. CLASS DEFINITION: The lawsuit seeks to recover losses on behal ...
FLYWIRE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Flywire Corporation - FLYW
GlobeNewswire News Room· 2025-07-31 14:47
Core Points - Flywire Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from February 28, 2024, to February 25, 2025 [1][3] - Investors have until September 23, 2025, to file lead plaintiff applications in this lawsuit [1] - The lawsuit is pending in the United States District Court for the Eastern District of New York [1] Financial Performance - On February 25, 2025, Flywire announced its Q4 and FY 2024 financial results, reporting a loss per share of $0.12 for Q4 2024, which missed consensus estimates by $0.12 [4] - The company's revenue for Q4 2024 was $117.6 million, falling short of consensus estimates by $1.25 million [4] - The company attributed its financial performance to a "complex macro environment with significant headwinds" and announced plans for an operational and business portfolio review, including restructuring that would impact approximately 10% of its workforce [4] Stock Market Reaction - Following the announcement of its financial results, Flywire's share price dropped by $6.59, or 37.36%, closing at $11.05 per share on February 26, 2025 [4]
FLYW Investors Have Opportunity to Lead Flywire Corporation Securities Fraud Lawsuit Filed by the Schall Law Firm
Prnewswire· 2025-07-31 14:37
Core Viewpoint - A class action lawsuit has been filed against Flywire Corporation for alleged violations of securities laws, claiming the company made false and misleading statements regarding its revenue growth and the impact of visa restrictions on its business [1][4]. Group 1: Lawsuit Details - The Schall Law Firm has initiated a class action lawsuit against Flywire Corporation under §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - The lawsuit targets investors who purchased Flywire's securities between February 28, 2024, and February 25, 2025 [2]. - The firm encourages affected shareholders to contact them before September 23, 2025, to discuss their rights [2][3]. Group 2: Allegations Against Flywire - The complaint alleges that Flywire overstated the sustainability of its revenue growth and downplayed the negative effects of visa and permit restrictions on its operations [4]. - It is claimed that Flywire's public statements were false and materially misleading throughout the class period, leading to investor damages when the truth emerged [4].
Investors in Flywire Corporation Should Contact The Gross Law Firm Before September 23, 2025 to Discuss Your Rights - FLYW
Prnewswire· 2025-07-31 12:45
NEW YORK, July 31, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Flywire Corporation (NASDAQ: FLYW). Shareholders who purchased shares of FLYW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/flywire-corporation-loss-submission-form/?id=158802&from=4 WHY GROSS LAW FIRM? The ...
ROSEN, A LEADING LAW FIRM, Encourages Flywire Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYW
GlobeNewswire News Room· 2025-07-31 00:54
Core Viewpoint - A class action lawsuit has been filed against Flywire Corporation for alleged misleading statements regarding its revenue growth and the impact of permit and visa-related restrictions on its business during the Class Period from February 28, 2024, to February 25, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Flywire's defendants made false and misleading statements about the sustainability of the company's revenue growth [5]. - It is alleged that the negative impact of permit and visa-related restrictions on Flywire's business was understated [5]. - Investors are encouraged to join the class action, which allows them to seek compensation without upfront costs through a contingency fee arrangement [2][3]. Group 2: Legal Representation - The Rosen Law Firm, known for its success in securities class actions, is representing the investors in this case [4]. - The firm has a strong track record, having secured over $438 million for investors in 2019 alone and being ranked highly for its class action settlements [4]. - Investors are advised to select qualified counsel and can choose to remain absent from the class or retain their own counsel [7].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Flywire
GlobeNewswire News Room· 2025-07-30 21:42
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Flywire To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Flywire between February 28, 2024 and February 25, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, July 30, 2025 (GLO ...
FLYW INVESTORS: Flywire Corporation (NASDAQ:FLYW) Investors may have been Affected by Fraud – Contact BFA Law by September 23 about Potentially Recovering Losses
GlobeNewswire News Room· 2025-07-30 12:36
NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Flywire Corporation (NASDAQ: FLYW) and certain of the Company's senior executives for potential violations of the federal securities laws. Investors have until September 23, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchase ...