1. FLYW faces a class action alleging misleading statements during a specified period. 2. Shareholders can participate without needing to be lead plaintiffs. 3. Allegations include overstatement of revenue growth and understatement of business risks. 4. The deadline to register for the action is September 23, 2025. 5. Potential legal issues may significantly affect FLYW's stock performance.
The lawsuit and allegations of misleading statements can negatively impact FLYW's stock price, like historical cases with similar accusations leading to significant declines, e.g. the case of Snap Inc. in 2020 where allegations of misleading growth forecasts led to a 25% drop.
The article raises serious allegations against FLYW, which may lead to significant investor concern and impact stock performance.
Prolonged legal proceedings and potential settlements can keep pressure on FLYW's stock, much like Tesla faced prolonged scrutiny that affected stock momentum over the years.
NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- 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=159966&from=3
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=159966&from=3
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
