FLYW Stockholders with Large Losses are Encouraged to Contact Robbins LLP for Information About the Class Action Against Flywire Corporation

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].