1. Investors can lead a class action lawsuit against Flywire Corporation. 2. The lawsuit claims Flywire overstated revenue growth and understated negative impacts. 3. Lawsuit period is from February 2024 to February 2025. 4. The lead plaintiff deadline is September 23, 2025. 5. Potential financial ramifications for FLYW depending on lawsuit outcomes.
Lawsuits often lead to significant price declines. The allegations of fraud can erode investor confidence, similar to past cases where companies faced legal action and experienced tangible drops in stock prices.
The ongoing lawsuit directly impacts FLYW's financial stability and investor perception. The potential for liability and financial loss amidst allegations of fraud heightens the importance of this news.
Legal proceedings can take time but may lead to lasting impacts on stock performance. The ongoing nature of this lawsuit indicates potential long-term issues for Flywire's reputation and stock value.
LOS ANGELES, Aug. 14, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Flywire Corporation ("Flywire" or the "Company") (NASDAQ: FLYW).
IF YOU SUFFERED A LOSS ON YOUR FLYWIRE INVESTMENTS, CLICK HERE BEFORE SEPTEMBER 23, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT
What Is The Lawsuit About?
The complaint filed alleges that, between February 28, 2024 and February 25, 2025, Defendants failed to disclose to investors that: (1) the strength and sustainability of Flywire's revenue growth was overstated; (2) the negative impact that permit- and visa-related restrictions were having and were likely to have on Flywire's business was understated; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email: shareholders@glancylaw.com
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
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SOURCE Glancy Prongay & Murray LLP