Kahn Swick & Foti, LLC Urges Flywire Shareholders Facing Significant Losses to Take Action
Important Alert for Flywire Corporation Shareholders
Kahn Swick & Foti, LLC (KSF) is reaching out to investors who suffered losses exceeding $100,000 in Flywire Corporation (NASDAQ: FLYW) due to its recent securities class action lawsuit. The firm, led by former Louisiana Attorney General Charles C. Foti, Jr., highlights that affected investors have until September 23, 2025, to file lead plaintiff applications.
Background of the Case
The allegations against Flywire stem from a class period covering February 28, 2024, to February 25, 2025. Investors are charged to have faced significant financial losses as the corporation purportedly failed to disclose essential information, violating federal securities laws. This has raised alarms among investors who could be eligible for recovery.
On February 25, 2025, Flywire released its Q4 and FY 2024 financial results, which indicated a loss of $0.12 per share, missing consensus estimates by $0.12. The company's revenue also fell short of expectations, reported at $117.6 million, which was below estimates by $1.25 million. Flywire attributed these disappointing results to a
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