Flywire Corp. Securities Lawsuit Investigation Extended to Sept. 23, 2025
ByAinvest
Wednesday, Sep 3, 2025 10:54 am ET1min read
FLYW--
The lawsuit alleges that Flywire made false and misleading statements, overstating the strength and sustainability of its revenue growth and downplaying the negative impact of permit- and visa-related restrictions on its business. These statements were materially false and misleading, according to the complaint [2]. The company's stock price fell significantly after releasing its fourth quarter 2024 financial results, which missed consensus estimates and reported a net loss of $15.9 million [2].
Investors who believe they have suffered losses due to these alleged misstatements are encouraged to contact Faruqi & Faruqi, LLP, to discuss their rights. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995 [2]. The deadline to seek the role of lead plaintiff in the class action is September 23, 2025 [2].
Flywire Corporation has not yet responded to the lawsuit. The company's stock price has been volatile since the lawsuit was announced, with the stock falling from $32.50 on February 25, 2024, to $11.05 on February 26, 2025 [2].
Investors are advised to review the class action complaint and consult with legal counsel to determine their rights and potential remedies.
References:
[1] https://www.morningstar.com/news/pr-newswire/20250903la64286/flyw-investors-have-opportunity-to-lead-flywire-corporation-securities-fraud-lawsuit-filed-by-the-schall-law-firm
[2] https://www.globenewswire.com/news-release/2025/09/03/3143827/683/en/DEADLINE-ALERT-Faruqi-Faruqi-LLP-Investigates-Claims-on-Behalf-of-Investors-of-Flywire.html
Faruqi & Faruqi, a national securities law firm, is investigating Flywire Corporation for potential securities fraud. The firm is seeking lead plaintiff for a federal securities class action filed against the company. Investors who purchased Flywire securities between February 28, 2024 and February 25, 2025 are encouraged to contact James (Josh) Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) for legal options.
Flywire Corporation (NASDAQ: FLYW) is facing a securities fraud lawsuit, with a national law firm, Faruqi & Faruqi, LLP, investigating potential claims against the company. The firm is seeking a lead plaintiff for a federal securities class action that has been filed against Flywire. Investors who purchased Flywire securities between February 28, 2024, and February 25, 2025, are encouraged to contact James (Josh) Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal options.The lawsuit alleges that Flywire made false and misleading statements, overstating the strength and sustainability of its revenue growth and downplaying the negative impact of permit- and visa-related restrictions on its business. These statements were materially false and misleading, according to the complaint [2]. The company's stock price fell significantly after releasing its fourth quarter 2024 financial results, which missed consensus estimates and reported a net loss of $15.9 million [2].
Investors who believe they have suffered losses due to these alleged misstatements are encouraged to contact Faruqi & Faruqi, LLP, to discuss their rights. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995 [2]. The deadline to seek the role of lead plaintiff in the class action is September 23, 2025 [2].
Flywire Corporation has not yet responded to the lawsuit. The company's stock price has been volatile since the lawsuit was announced, with the stock falling from $32.50 on February 25, 2024, to $11.05 on February 26, 2025 [2].
Investors are advised to review the class action complaint and consult with legal counsel to determine their rights and potential remedies.
References:
[1] https://www.morningstar.com/news/pr-newswire/20250903la64286/flyw-investors-have-opportunity-to-lead-flywire-corporation-securities-fraud-lawsuit-filed-by-the-schall-law-firm
[2] https://www.globenewswire.com/news-release/2025/09/03/3143827/683/en/DEADLINE-ALERT-Faruqi-Faruqi-LLP-Investigates-Claims-on-Behalf-of-Investors-of-Flywire.html
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