Flywire(US:FLYW) Globenewswire·2025-09-18 01:42Core 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 and visa-related restrictions on its business [4][6]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against Flywire, with a deadline of September 23, 2025, for investors to seek the role of lead plaintiff [4]. - The complaint alleges that Flywire and its executives made false and misleading statements regarding the sustainability of revenue growth and the effects of regulatory restrictions [6]. Group 2: Financial Performance and Market Reaction - On February 25, 2025, 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 [7]. - Following this announcement, Flywire's stock price dropped by $6.59 per share, or 37.4%, closing at $11.05 per share on February 26, 2025 [7].