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Class Action Filed Against Flywire Corporation (FLYW) Seeking Recovery for Investors – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-08-13 20:37
NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- 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=161037&from=3 CLASS PERIOD: Febru ...
FLYWIRE STOCK: Lose Money on Your Flywire Corporation (NASDAQ:FLYW) Investment? Contact BFA Law before the September 23 Legal Deadline
GlobeNewswire News Room· 2025-08-13 12:33
NEW YORK, Aug. 13, 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. If you invested in Flywire, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/flywire-corporation-class-action-lawsuit. Investors have until September 23, 2025, to ask the Court to b ...
FLYW Stockholders with Large Losses are Encouraged to Contact Robbins LLP for Information About the Class Action Against Flywire Corporation
Prnewswire· 2025-08-12 23:50
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Flywire Corporation securities between February 28, 2024, and February 25, 2025, alleging that the company misled investors regarding its business prospects [1][2]. Allegations - The complaint asserts that Flywire Corporation failed to disclose that the strength and sustainability of its revenue growth was overstated [2]. - It also claims that the negative impact of permit- and visa-related restrictions on Flywire's business was understated [2]. Financial Performance - On February 25, 2025, Flywire announced disappointing financial results for the fourth quarter and fiscal year 2024, revealing expectations of over a 30% year-over-year revenue decline in both Canadian and Australian markets due to recent policy changes and new visa rules [3]. - The company cited similar headwinds in the U.S. market related to shifting visa trends [3]. - Following these disclosures, Flywire's stock price fell by $6.59 per share, or 37.36%, closing at $11.05 per share on February 26, 2025 [3]. Class Action Participation - Shareholders may be eligible to participate in the class action against Flywire Corporation, with options to serve as lead plaintiff or remain an absent class member [4].
Flywire Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before September 23, 2025 to Discuss Your Rights – FLYW
GlobeNewswire News Room· 2025-08-11 20:25
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 appointment 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 hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
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· 2025-08-11 12:45
https://securitiesclasslaw.com/securities/flywire-corporation-loss-submission-form/?id=160436&from=4 CLASS PERIOD: February 28, 2024 to February 25, 2025 NEW YORK, Aug. 11, 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 a ...
FLYW COURT NOTICE: Flywire Corporation Investors may have been Affected by Fraud -- Contact BFA Law before September 23 if You Suffered Losses (NASDAQ:FLYW)
GlobeNewswire News Room· 2025-08-11 12:18
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, 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, primarily serving the education sector, 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 Impact - Despite adverse conditions, Flywire reportedly overstated the sustainability of its revenue growth while downplaying the negative impacts of permit and visa restrictions [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].
FLYW NEWS: Did Flywire Corporation Mislead Investors? Contact BFA Law by September 23 Class Action Deadline (NASDAQ:FLYW)
GlobeNewswire News Room· 2025-08-09 11:36
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 relies heavily 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].
Flywire Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before September 23, 2025 to Discuss Your Rights – FLYW
GlobeNewswire News Room· 2025-08-08 20:04
NEW YORK, Aug. 08, 2025 (GLOBE NEWSWIRE) -- 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: https://zlk.com/pslr ...
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Flywire Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLYW
GlobeNewswire News Room· 2025-08-08 17:57
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][5]. 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 sustainability of revenue growth and the impact of permit and visa-related restrictions on the 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 settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [4].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Flywire
Prnewswire· 2025-08-08 14:05
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. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the strength and sustainability of Flywire's revenue growth was overstated; (2 ...