Flywire Investors Alert: Class Action Lawsuit Deadlines Approaching for Shareholders with Significant Losses
In a recent alert to shareholders, Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., has announced critical news for investors of Flywire Corporation (NasdaqGS: FLYW) who suffered losses exceeding $100,000. These shareholders are reminded that the deadline to file lead plaintiff applications in a class action lawsuit is swiftly approaching, with a cut-off date of September 23, 2025. This lawsuit comes amid troubling news for Flywire, which has faced accusations of failing to disclose essential information during a significant period for the company, raising serious questions about transparency and corporate governance.
The legal action is currently pending in the United States District Court for the Eastern District of New York and affects anyone who purchased Flywire securities between February 28, 2024, and February 25, 2025. Notably, this class action points to a failure on Flywire's part to adequately inform its investors about material information regarding its financial performance.
Flywire's stock faced a major drop on February 26, 2025, following the company's disappointing quarterly financial results. The company revealed a loss per share of $0.12 for Q4 2024, missing analysts' expectations by the same margin. Additionally, the company's revenue was reported at $117.6 million, falling short of the consensus estimates by $1.25 million. Flywire attributed this underperformance to a “complex macro environment with significant headwinds,” while announcing plans for a thorough review of its operational strategies and a restructuring that would affect approximately 10% of its workforce.
The significant loss that investors faced in the aftermath of these revelations saw Flywire’s share price plummet by 37.36%, underscoring the dramatic impact such news can have on stock values, particularly when it comes to investor trust and company reputation. For shareholders who experienced losses and wish to understand their legal rights and options moving forward, KSF offers free consultations, allowing them to discuss their situation and the potential implications of this class action lawsuit.
Kahn Swick & Foti, LLC has established itself as a leader in securities litigation, primarily focused on protecting shareholder rights and ensuring corporate accountability. The firm serves a wide range of clients, including institutional and retail investors, and boasts a strong track record having been acknowledged as one of the top boutique securities litigation firms nationwide.
Besides its New York headquarters, KSF has offices across several states, including Delaware, California, Louisiana, Chicago, New Jersey, and even a representative office in Luxembourg, further evidencing its capacity to serve clients across different jurisdictions.
With just weeks to go before the application deadline, it is crucial for eligible investors to act swiftly. Interested parties can reach out to KSF Managing Partner Lewis Kahn at 1-877-515-1850 or via email. For those hoping to step forward as lead plaintiffs, a petition to the court must be filed by the September 23, 2025 deadline. For more detailed information, KSF encourages investors to visit their website at www.ksfcounsel.com/cases/nasdaqgs-flyw and learn more about this significant legal matter.
As the new developments unfold, affected shareholders are encouraged to remain vigilant and proactive in resolving their legal standing as this case progresses, ensuring their voices are heard in the pursuit of justice and recovery for their financial losses.
The legal action is currently pending in the United States District Court for the Eastern District of New York and affects anyone who purchased Flywire securities between February 28, 2024, and February 25, 2025. Notably, this class action points to a failure on Flywire's part to adequately inform its investors about material information regarding its financial performance.
Flywire's stock faced a major drop on February 26, 2025, following the company's disappointing quarterly financial results. The company revealed a loss per share of $0.12 for Q4 2024, missing analysts' expectations by the same margin. Additionally, the company's revenue was reported at $117.6 million, falling short of the consensus estimates by $1.25 million. Flywire attributed this underperformance to a “complex macro environment with significant headwinds,” while announcing plans for a thorough review of its operational strategies and a restructuring that would affect approximately 10% of its workforce.
The significant loss that investors faced in the aftermath of these revelations saw Flywire’s share price plummet by 37.36%, underscoring the dramatic impact such news can have on stock values, particularly when it comes to investor trust and company reputation. For shareholders who experienced losses and wish to understand their legal rights and options moving forward, KSF offers free consultations, allowing them to discuss their situation and the potential implications of this class action lawsuit.
Kahn Swick & Foti, LLC has established itself as a leader in securities litigation, primarily focused on protecting shareholder rights and ensuring corporate accountability. The firm serves a wide range of clients, including institutional and retail investors, and boasts a strong track record having been acknowledged as one of the top boutique securities litigation firms nationwide.
Besides its New York headquarters, KSF has offices across several states, including Delaware, California, Louisiana, Chicago, New Jersey, and even a representative office in Luxembourg, further evidencing its capacity to serve clients across different jurisdictions.
With just weeks to go before the application deadline, it is crucial for eligible investors to act swiftly. Interested parties can reach out to KSF Managing Partner Lewis Kahn at 1-877-515-1850 or via email. For those hoping to step forward as lead plaintiffs, a petition to the court must be filed by the September 23, 2025 deadline. For more detailed information, KSF encourages investors to visit their website at www.ksfcounsel.com/cases/nasdaqgs-flyw and learn more about this significant legal matter.
As the new developments unfold, affected shareholders are encouraged to remain vigilant and proactive in resolving their legal standing as this case progresses, ensuring their voices are heard in the pursuit of justice and recovery for their financial losses.
Topics Financial Services & Investing）
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