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INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Flywire
Prnewswire· 2025-09-06 13:12
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Flywire Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's revenue growth and the impact of permit-related restrictions on its business [3][4]. Group 1: Allegations and Financial Performance - The complaint against Flywire alleges that the company overstated the strength and sustainability of its revenue growth [3]. - It is claimed that the negative impact of permit- and visa-related restrictions on Flywire's business was understated [3]. - Flywire reported a net loss of $15.9 million for Q4 2024, missed consensus estimates, lowered its 2025 guidance, and announced a 10% workforce reduction [4]. Group 2: Stock Market Reaction - Following the release of its financial results and restructuring announcement, Flywire's stock price fell by $6.59 per share, or 37.4%, closing at $11.05 per share on February 26, 2025 [4]. Group 3: Legal Proceedings - Investors who purchased Flywire securities between February 28, 2024, and February 25, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights, with a deadline for seeking lead plaintiff status set for September 23, 2025 [1][5].
FLYW DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Flywire Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYW
GlobeNewswire News Room· 2025-09-06 12:07
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 [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]. - The lawsuit claims 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 has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].
Flywire Corporation Investors: Please contact the Portnoy Law Firm to recover your losses. September 23, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-09-05 22:58
Core Viewpoint - Flywire Corporation is facing a class action lawsuit due to allegations of misleading statements regarding its revenue growth and the impact of visa-related restrictions on its business [3][4]. Group 1: Class Action Details - The class action represents investors who purchased Flywire securities between February 28, 2024, and February 25, 2025, with a deadline of September 23, 2025, to file a lead plaintiff motion [1]. - The Portnoy Law Firm is offering complimentary case evaluations to investors seeking to recover losses [2]. Group 2: Allegations Against Flywire - The lawsuit claims that Flywire overstated the strength and sustainability of its revenue growth [3]. - It is alleged that the negative effects of permit and visa-related restrictions on Flywire's business were understated [3]. Group 3: Financial Performance - On February 25, 2025, Flywire reported a loss per share of $0.12, missing consensus estimates by $0.12, and revenue of $117.6 million, which was $1.25 million below expectations [4]. - The CFO disclosed that revenue in Canada and Australia was expected to decline over 30% year-over-year due to policy changes and new visa rules, with similar challenges anticipated in the U.S. market [4]. - Following the announcement, Flywire's stock price fell by more than 37% [4].
Flywire Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FLYW
Businesswire· 2025-09-05 17:27
Core Viewpoint - Flywire Corporation is facing a class action lawsuit for alleged violations of securities laws, specifically for making false and misleading statements regarding its revenue growth and the impact of visa restrictions on its business [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from February 28, 2024, to February 25, 2025, with a deadline for lead plaintiff appointments set for September 23, 2025 [2]. - The complaint alleges that Flywire exaggerated the sustainability of its revenue growth and misled investors about the negative impacts of visa and permit restrictions [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the DJS Law Group for potential participation in the lawsuit [2][3]. - There is no cost or obligation for shareholders to participate, and they will be enrolled in a portfolio monitoring software for updates on the case [3]. Group 3: Legal Representation - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4]. - The firm emphasizes the importance of respecting and focusing on the litigation claims of its clients, which are considered valuable assets [4].
Shareholders that lost money on Flywire Corporation(FLYW) should contact The Gross Law Firm about pending Class Action - FLYW
Prnewswire· 2025-09-04 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Flywire Corporation regarding a class action lawsuit alleging that the company made materially false and misleading statements about its revenue growth and the impact of permit and visa-related restrictions on its business [1][2]. Group 1: Allegations - The complaint claims that during the class period from February 28, 2024, to February 25, 2025, Flywire's revenue growth was overstated [1]. - It is alleged that the negative effects of permit and visa-related restrictions on Flywire's business were understated [1]. - As a result, the public statements made by the defendants were materially false and misleading throughout the relevant time [1]. Group 2: Class Action Details - Shareholders who purchased shares of Flywire during the specified class period are encouraged to register for the class action [2]. - The deadline for shareholders to seek lead plaintiff status is September 23, 2025 [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates on the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [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].
Investors in Flywire Corporation Should Contact Levi & Korsinsky Before September 23, 2025 to Discuss Your Rights – FLYW
GlobeNewswire News Room· 2025-09-02 19:38
Core Viewpoint - A class action securities lawsuit has been filed against Flywire Corporation, alleging securities fraud that affected investors between February 28, 2024, and February 25, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Flywire's revenue growth was overstated, and the negative impact of permit and visa-related restrictions on its business was understated [2]. - Defendants' public statements regarding Flywire were allegedly materially false and misleading throughout the relevant period [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until September 23, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Law Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4].
FLYWIRE CORPORATION (NASDAQ: FLYW) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Flywire Corporation Investors of Upcoming Deadline
GlobeNewswire News Room· 2025-09-02 13:38
Core Viewpoint - A securities fraud class action lawsuit has been filed against Flywire Corporation, alleging misrepresentations regarding the company's revenue growth [3]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the Eastern District of New York on behalf of investors who acquired Flywire securities between February 28, 2024, and February 25, 2025 [3]. - The allegations include violations of the Securities Exchange Act of 1934 against Flywire and certain senior officers [3]. Group 2: Legal Participation - Investors wishing to serve as lead plaintiffs must file necessary documents by September 23, 2025 [4]. - Participation as a lead plaintiff is not required to share in any potential recovery, and all representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [5]. - The firm has been recognized multiple times in The National Law Journal's "Plaintiffs' Hot List" and has been listed in The Legal 500 for sixteen consecutive years [5].
Shareholders that lost money on Flywire Corporation(FLYW) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-08-25 12:45
NEW YORK, Aug. 25, 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=163020&from=4 CLASS PERIOD: February 28, ...
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Flywire Corporation (NASDAQ: FLYW)
GlobeNewswire News Room· 2025-08-25 12:29
Core Viewpoint - A shareholder has filed a securities class action lawsuit against Flywire Corporation for alleged misrepresentations regarding the company's revenue growth between February 28, 2024, and February 25, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased or acquired Flywire securities during the specified period [1]. - The complaint alleges that the defendants made false statements about the strength and sustainability of Flywire's revenue growth [2]. Group 2: Legal Process - Investors wishing to serve as lead plaintiff must file necessary documents by September 23, 2025 [3]. - Participation as a lead plaintiff is not required to share in any potential recovery from the lawsuit [3]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [4]. - The firm has been recognized multiple times for its success in litigating class actions [4].
ROSEN, A GLOBAL AND LEADING FIRM, Encourages Flywire Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYW
GlobeNewswire News Room· 2025-08-24 16:04
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Flywire Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [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 September 23, 2025 [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 its 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 its revenue growth and understated 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 information became public [5].