Flywire investors faced with upcoming Class Action lawsuit, set for September 23, 2025, as highlighted by Faruqi & Faruqi with a leading plaintiff cutoff. Case tag: FLYW
Investigation Launched Against Flywire Corporation for Alleged Securities Law Violations
Faruqi & Faruqi, LLP, a renowned national securities law firm, is currently investigating potential claims against Flywire Corporation. The investigation centres around allegations of violations of federal securities laws by the company and its executives.
The investigation stems from a complaint that alleges Flywire overstated the strength and sustainability of its revenue growth, understated the negative impact of permit- and visa-related restrictions on its business, and that these statements were materially false and misleading.
The stock price of Flywire Corporation took a significant hit as a result, with the stock price falling $6.59 per share, or 37.4%, to close at $11.05 per share on February 26, 2025.
The law firm encourages anyone with information regarding Flywire's conduct to contact them. Interested parties can find more information about the Flywire class action on the firm's website at www.faruqilaw.com/FLYW.
Faruqi & Faruqi, LLP has a strong track record of recovering hundreds of millions of dollars for investors since its founding in 1995. However, prior results do not guarantee or predict a similar outcome with respect to any future matter.
The court-appointed lead plaintiff in the Flywire class action is the investor with the largest financial interest in the relief sought by the class. The deadline for investors to seek the role of lead plaintiff in a federal securities class action against Flywire is September 23, 2025.
It is important to note that the person or entity accused of making false and/or misleading statements or failing to disclose facts in connection with Flywire Corporation is not explicitly named in the search results. The accusations relate to Flywire Corporation itself during the period from February 2024 to February 2025.
Flywire reported a net loss of $15.9 million in its fourth quarter 2024 financial results. In response, the company announced a restructuring plan that includes a 10% reduction in its workforce and a lowering of its 2025 guidance.
For more updates on the case, follow Faruqi & Faruqi, LLP on LinkedIn, X, or Facebook. Those interested in the case can also contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). All communications will be treated in a confidential manner.
For more information about Faruqi & Faruqi, LLP and its attorneys, please visit www.faruqilaw.com. The firm has offices in New York, Pennsylvania, California, and Georgia.
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