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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
Core Viewpoint - The Gross Law Firm is notifying 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][2]. Group 1: Allegations and Class Period - The class period for the allegations is from February 28, 2024, to February 25, 2025 [1]. - Allegations include that Flywire's revenue growth was overstated and that the negative impacts of permit and visa-related restrictions were understated [1]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by September 23, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3].
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].
FLYW CLASS REMINDER: Suffer Losses on Your Flywire Corporation Investment? Contact BFA Law before the September 23 Court Deadline (NASDAQ:FLYW)
GlobeNewswire News Room· 2025-08-23 11:08
Core Viewpoint - A lawsuit has been filed against Flywire Corporation and its senior executives for potential violations of federal securities laws, primarily 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, with investors having until September 23, 2025, to seek lead plaintiff status [2]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Flywire securities [2]. Group 2: Company Background - Flywire operates as a payments-enablement and software company, with its largest client vertical being education, which relies heavily on international enrollments and student preferences [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: Financial Misrepresentation - Despite facing headwinds, Flywire allegedly overstated the strength and sustainability of its revenue growth while downplaying the negative impacts of permit- and visa-related restrictions on its business [4]. - On February 25, 2025, Flywire disclosed significant deterioration in its education sector business, citing "double digit declines in student visa issuance" in key markets, leading to a stock price drop of approximately 37% from $17.64 to $11.05 per share [5].
Flywire Corporation Class Action: Levi & Korsinsky Reminds Flywire Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 23, 2025 – FLYW
GlobeNewswire News Room· 2025-08-22 20:32
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 history of securing significant compensation for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].
Class Action Filed Against Flywire Corporation (FLYW) - September 23, 2025 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-08-22 12:45
NEW YORK, Aug. 22, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Flywire Corporation ("Flywire Corporation" or the "Company") (NASDAQ: FLYW) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Flywire Corporation investors who were adversely affected by alleged securities fraud between February 28, 2024 and February 25, 2025. Follow the link below to get more information and be contacted by a member of our team: WHAT'S NEXT? If you suff ...
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Flywire Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYW
GlobeNewswire News Room· 2025-08-22 00:03
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][2]. 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]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that throughout the Class Period, Flywire's defendants made false and misleading statements regarding the sustainability of the company's revenue growth and the impact of permit and visa-related restrictions on its business [5]. - The lawsuit claims that these misleading statements resulted in investor damages when the true details about Flywire's business performance became public [5].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 23, 2025 in Flywire Corporation Lawsuit – FLYW
GlobeNewswire News Room· 2025-08-21 19:11
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Flywire Corporation regarding a class action lawsuit, encouraging those who purchased shares during the specified period to contact the firm for potential lead plaintiff appointment [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from February 28, 2024, to February 25, 2025 [3]. - Allegations include that Flywire's revenue growth was overstated, the negative impact of permit and visa-related restrictions on its business was understated, and that public statements made by the defendants were materially false and misleading [3]. Next Steps for Shareholders - Shareholders are urged to register for the class action by September 23, 2025, to participate in the case without any cost or obligation [4]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [4]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 23, 2025 in Flywire Corporation Lawsuit - FLYW
Prnewswire· 2025-08-21 12:45
Core Viewpoint - The Gross Law Firm is notifying 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][2]. Group 1: Class Action Details - The class period for the lawsuit is from February 28, 2024, to February 25, 2025 [2]. - Allegations include that Flywire's revenue growth was overstated and that the negative impacts of permit and visa-related restrictions were understated [2]. - Shareholders are encouraged to register for the class action by September 23, 2025, to potentially be appointed as lead plaintiff [3]. Group 2: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered from deceit and illegal business practices [4]. - The firm seeks recovery for investors who experienced losses due to false or misleading statements that inflated the company's stock price [4].
Flywire Corporation Stock News: FLYW Investors with Large Losses Should Contact Robbins LLP for Information About Leading the FLYW Class Action Lawsuit
Prnewswire· 2025-08-20 21:30
Core Points - A class action has been filed against Flywire Corporation on behalf of investors who acquired its securities between February 28, 2024, and February 25, 2025 [1] - Allegations include that Flywire misled investors about the sustainability of its revenue growth and downplayed the negative impact of permit and visa-related restrictions on its business [2] - 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 policy changes and new visa rules [3] - Following the announcement, Flywire's stock price dropped by $6.59, or 37.36%, closing at $11.05 per share on February 26, 2025 [3] Company and Industry Summary - Flywire operates as a payments-enablement and software company both in the U.S. and internationally [1] - The company is facing scrutiny regarding its revenue growth claims and the effects of regulatory changes on its operations [2] - The recent financial disclosures have led to analyst downgrades and price target cuts, indicating a negative outlook for the company's performance [3]