Flywire(US:FLYW) Prnewswire·2025-09-06 13:12Core 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].