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Flywire Corporation Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before September 23, 2025 to Discuss Your Rights - FLYW
Prnewswire· 2025-09-15 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Flywire Corporation regarding a class action lawsuit, highlighting allegations of misleading statements related to the company's revenue growth and the impact of permit and visa restrictions on its business [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from February 28, 2024, to February 25, 2025 [2]. - Allegations include that Flywire's revenue growth was overstated and that the negative impact of permit and visa-related restrictions was understated, leading to materially false and misleading public statements [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by September 23, 2025, to potentially be appointed as lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [4]. - The firm seeks recovery for investors who suffered losses due to false or misleading statements that inflated stock prices [4].
FLYW FINAL DEADLINE: ROSEN, A LEADING NATIONAL FIRM, Encourages Flywire Corporation Investors to Secure Counsel Before Important September 23 Deadline in Securities Class Action – FLYW
Globenewswire· 2025-09-13 23:07
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Flywire Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline on September 23, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Flywire securities between February 28, 2024, and February 25, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by September 23, 2025 [3]. - The lawsuit alleges that Flywire's management made false and misleading statements regarding the company's revenue growth and the impact of permit and visa-related restrictions on its business [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions of dollars for investors [4]. - The firm achieved the largest securities class action settlement against a Chinese company at the time and has been consistently ranked among the top firms for securities class action settlements since 2013 [4].
Shareholders of Flywire Corporation Should Contact Levi & Korsinsky Before September 23, 2025 to Discuss Your Rights - FLYW
Prnewswire· 2025-09-12 12:45
Core Viewpoint - A class action securities lawsuit has been filed against Flywire Corporation, indicating potential legal challenges for the company [1] Company Summary - Flywire Corporation is identified as the subject of a class action lawsuit, which may impact its stock performance and investor sentiment [1]
Flywire Corporation Class Action: The Gross Law Firm Reminds Flywire Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 23, 2025 - FLYW
Prnewswire· 2025-09-11 12:45
Core Viewpoint - The Gross Law Firm has announced a class action lawsuit against Flywire Corporation, alleging that the company made materially false and misleading statements regarding its revenue growth and the impact of permit and visa-related restrictions on its business [1][2]. Group 1: Allegations and Class Period - The class period for the lawsuit is from February 28, 2024, to February 25, 2025 [1]. - Allegations include overstating the strength and sustainability of Flywire's revenue growth and understating the negative impact of permit and visa-related restrictions on the business [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by September 23, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
FLYWIRE (FLYW) ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Flywire Corporation and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-11 12:09
Core Viewpoint - A class action lawsuit has been filed against Flywire Corporation for allegedly overstating revenue growth and understating the negative impacts of permit and visa-related restrictions on its business [1][2]. Financial Performance - On February 25, 2025, Flywire announced disappointing financial results for Q4 and FY 2024, expecting revenue declines of over 30% year-over-year in Canadian and Australian markets due to recent policy changes and new visa rules [3]. - Following the announcement, Flywire's stock price fell by $6.59, or 37.36%, closing at $11.05 per share on February 26, 2025 [3]. Legal Proceedings - The lawsuit is on behalf of all individuals and entities who purchased Flywire securities between February 28, 2024, and February 25, 2025, with a deadline of September 23, 2025, for investors to apply as lead plaintiffs [1][4].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Flywire Corporation Investors to Secure Counsel Before Important September 23 Deadline in Securities Class Action – FLYW
Globenewswire· 2025-09-10 22:01
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Flywire Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline on September 23, 2025 [1]. Group 1: Class Action Details - Investors who purchased Flywire securities between February 28, 2024, and February 25, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that Flywire's management made false and misleading statements regarding the sustainability of the company's revenue growth and downplayed the negative impacts of permit and visa-related restrictions on its business [5]. - The claims suggest that these misrepresentations led to investor damages when the true situation was revealed [5].
Flywire (NasdaqGS:FLYW) Conference Transcript
2025-09-10 20:27
Summary of Flywire Conference Call Company Overview - **Company**: Flywire - **CFO**: Cosmin Pitigoi, who has been in the role for 2 years [1][2] Key Industry Insights - **Market Focus**: Flywire is focused on the education sector, particularly international student payments, and has seen diversification in its markets, with the U.K. now being larger than the U.S. market [11][24] - **Revenue Sources**: Approximately 50% of Flywire's revenue in the U.S. comes from first-year international students, correlated with F1 visas [11] - **Retention Trends**: The company has observed increased retention rates among international students, which is a positive indicator for future revenue growth [12][14] Financial Performance - **Revenue Growth**: Flywire anticipates flat revenue growth in the U.S. for the year, which is better than market expectations [11] - **International Markets**: The U.K. and Australia are performing better than expected, while Canada remains a challenge due to demand pressures [15][20] - **Macro Environment**: The company has faced mid to high single-digit revenue pressure due to macroeconomic factors, particularly in Canada and Australia [44][48] Strategic Initiatives - **Acquisition of WPM**: The acquisition has been significant for Flywire's growth in the U.K. market, allowing for cross-border and domestic capabilities [24][25] - **Sertifi Acquisition**: Sertifi is expected to drive growth through synergies, with a focus on digitizing hospitality workflows and expanding into international markets [57][58][60] - **B2B Expansion**: Flywire is exploring opportunities in the B2B sector, leveraging its existing capabilities to grow in areas like insurance and franchising [63][64] Future Outlook - **Growth Projections**: The U.K. market is expected to grow faster than the company average, with significant opportunities in non-top four markets like Germany, France, and Mexico [28][36] - **Healthcare Segment**: The healthcare segment is showing signs of recovery, with new integrations expected to drive growth in the coming year [66][67] - **Stable Coins**: Flywire is exploring the use of stable coins to enhance client experiences in markets with regulatory or inflationary pressures [68][69] Operational Efficiency - **Cost Management**: Flywire is focused on streamlining operations to drive long-term shareholder value, with an emphasis on maintaining margin expansion despite revenue pressures [71][74] - **Capital Allocation**: The company has a disciplined approach to M&A and share repurchases, having executed two acquisitions in the last year and repurchased $100 million of its stock [76][77] Conclusion - Flywire is navigating a complex macro environment while focusing on growth opportunities in international education, healthcare, and B2B sectors. The company is committed to operational efficiency and strategic acquisitions to enhance its market position and drive shareholder value.
Flywire Corporation Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – FLYW
Globenewswire· 2025-09-10 19:39
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Flywire Corporation regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's revenue growth and business impacts from permit and visa restrictions [1][3]. Group 1: Allegations - The complaint alleges that during the class period from February 28, 2024, to February 25, 2025, Flywire's revenue growth was overstated [3]. - It is claimed that the negative impact of permit- and visa-related restrictions on Flywire's business was understated [3]. - As a result, the public statements made by the defendants were materially false and misleading throughout the relevant time [3]. Group 2: Class Action Details - Shareholders who purchased shares of Flywire during the specified class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1][4]. - The deadline for shareholders to register for the class action is September 23, 2025 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. Group 3: Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and engage in good corporate citizenship [5].
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Flywire
Businesswire· 2025-09-09 14:28
NEW YORK--(BUSINESS WIRE)---- $FLYW #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Flywire Corporation ("Flywire†or the "Company†) (NASDAQ: FLYW). Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. On February 25, 2025, Flywire released its fourth ...
New Flywire Research into Hospitality Workflows Provides a Blueprint for Hotel Revenue Growth
Globenewswire· 2025-09-09 13:00
Data underscores how integrating the contract & payment workflows unlocks revenue, efficiency and guest satisfaction for hotel leaders 94% of hotel leaders surveyed agree they need a way to streamline payments, with 67% wanting a faster way to capture deposits after contracting 77% of sales teams surveyed lose revenue due to uncollected deposits, but 97% believe digitalization would transform the customer payment experience BOSTON, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Improving the payment processes and integ ...