1. FLYW faces a class action lawsuit for misleading revenue growth statements. 2. Allegations highlight understating impacts of visa-related restrictions on business. 3. Shareholders have until September 23, 2025, to register for class action. 4. The Gross Law Firm seeks to protect investors' rights in this matter.
Class action lawsuits typically lead to negative sentiment around a stock. Historical cases show price drops when companies face similar allegations of misleading information.
The seriousness of the lawsuit and misleading statements can significantly affect investor perceptions. Loss of trust and uncertainty may drive stock prices down.
Immediate negative sentiment usually impacts stock prices in the short term. Investors may react quickly to news of legal issues, affecting FLYW's stock price soon.
NEW YORK, Aug. 14, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Flywire Corporation (NASDAQ:FLYW).
Shareholders who purchased shares of FLYW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/flywire-corporation-loss-submission-form/?id=161239&from=4
CLASS PERIOD: February 28, 2024 to February 25, 2025
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the strength and sustainability of Flywire's revenue growth was overstated; (ii) the negative impact that permit- and visa-related restrictions were having and were likely to have on Flywire's business was understated; and (iii) as a result, defendants' public statements were materially false and misleading at all relevant times.
DEADLINE: September 23, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/flywire-corporation-loss-submission-form/?id=161239&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of FLYW during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 23, 2025. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm