#USA #Class Action #New Orleans #ClaimsFiler #Flywire Corporation

Flywire Shareholder Alert: Deadline Approaches for Investors

Attention to all investors who have encountered significant losses in Flywire Corporation, as the deadline for filing as lead plaintiff in the ongoing class action lawsuit is swiftly approaching. ClaimsFiler, a free service aimed at helping shareholders, advises that you have until September 23, 2025, to submit your applications if your losses exceed $100,000 and were incurred during the alleged period from February 28, 2024, to February 25, 2025.

Understanding the Lawsuit

The lawsuit against Flywire Corporation, traded on Nasdaq under the ticker FLYW, contends that the company, along with several executives, failed to disclose crucial information regarding its financial standing, thereby violating federal securities laws. Investors who purchased shares during the specified timeframe may have grounds for compensation due to this alleged misinformation.

The pivotal moment in this case came on February 25, 2025, when Flywire reported disappointing financial results for the fourth quarter of 2024 and the full fiscal year. The company announced a loss of $0.12 per share, which fell short of consensus estimates by the same margin. Additionally, its revenue of $117.6 million came up $1.25 million short of expectations. The company attributed these disappointing results to a challenging macroeconomic environment and announced plans to restructure, which would affect approximately 10% of its workforce.

Following these revelations, Flywire’s share price plummeted by $6.59, marking a dramatic 37.36% decline and ultimately settling at $11.05 per share on the following trading day, February 26, 2025.

Taking Action: How to Get Help

If you believe you are eligible to be a lead plaintiff in this case, it is imperative to act swiftly. You can refer to ClaimsFiler’s website for comprehensive information. Investors can register at this platform for free and access pertinent information regarding their claims.

Moreover, you have the option to upload your portfolio data to receive timely notifications about relevant securities cases that could impact your financial interests. For legal insights, you may also contact the law firm Kahn Swick & Foti, LLC at their toll-free number (844) 367-9658 to discuss your options.

Conclusion

Flywire’s recent financial turbulence may have significantly impacted its shareholders, particularly during the noted class period. With the looming deadline for filing lead plaintiff applications, it is crucial for affected investors to understand their rights and take necessary actions to potentially recover their losses. Make sure you don’t miss the September 23, 2025 deadline and consider utilizing the resources available through ClaimsFiler to guide you through this process effectively.