Kahn Swick & Foti Alerts Flywire Investors on Class Action Lawsuit Deadline
On August 1, 2025, Kahn Swick & Foti, LLC (KSF), alongside former Louisiana Attorney General Charles C. Foti, Jr., announced important information for investors affected by losses over $100,000 related to Flywire Corporation's stock. Investors who bought Flywire shares during the Class Period from February 28, 2024, to February 25, 2025, need to take urgent action as they have until September 23, 2025, to file their lead plaintiff applications in the ongoing class-action lawsuit.
This lawsuit arises amidst concerns that Flywire and its executives allegedly failed to disclose significant details that were crucial to investors during the specified period—violating federal securities regulations. Following the company's announcement of its financial results on February 25, 2025, which revealed a significant loss per share of $0.12 and revenues falling short of market predictions, investors faced severe repercussions. Specifically, October 2024 figures indicated a $6.59 drop in Flywire's stock price per share, resulting in a steep decline of 37.36%, closing at $11.05 on February 26, 2025.
The class action, categorized as Hickman v. Flywire Corporation, No. 25-cv-04110, is currently pending in the United States District Court for the Eastern District of New York. Investors who purchased Flywire securities during this turbulent period are urged to assess how this situation impacts their financial rights and potential recoveries due to economic losses incurred from the alleged misrepresentations. They can connect with KSF Managing Partner Lewis Kahn at 1-877-515-1850 or via email at [email protected] for assistance and guidance.
According to KSF's insights, this law firm is renowned for specializing in securities litigation. Ranked among the top in terms of total settlement values nationwide, KSF serves various clients, including retail and institutional investors, seeking recoveries from corporate misconduct by public companies. With offices spanning across major cities including New York, Delaware, and California, they aim to provide comprehensive support to those dealing with investment losses incurred from corporate fraud.
As the deadline looms, Flywire investors must act swiftly if they wish to participate in the lawsuit, ensuring their voice is heard. This legal action symbolizes a crucial step towards enforcing accountability and seeking justice in the aftermath of corporate financial mismanagement. Investors are encouraged to explore more about the lawsuit and their options at KSF's official website.
This lawsuit arises amidst concerns that Flywire and its executives allegedly failed to disclose significant details that were crucial to investors during the specified period—violating federal securities regulations. Following the company's announcement of its financial results on February 25, 2025, which revealed a significant loss per share of $0.12 and revenues falling short of market predictions, investors faced severe repercussions. Specifically, October 2024 figures indicated a $6.59 drop in Flywire's stock price per share, resulting in a steep decline of 37.36%, closing at $11.05 on February 26, 2025.
The class action, categorized as Hickman v. Flywire Corporation, No. 25-cv-04110, is currently pending in the United States District Court for the Eastern District of New York. Investors who purchased Flywire securities during this turbulent period are urged to assess how this situation impacts their financial rights and potential recoveries due to economic losses incurred from the alleged misrepresentations. They can connect with KSF Managing Partner Lewis Kahn at 1-877-515-1850 or via email at [email protected] for assistance and guidance.
According to KSF's insights, this law firm is renowned for specializing in securities litigation. Ranked among the top in terms of total settlement values nationwide, KSF serves various clients, including retail and institutional investors, seeking recoveries from corporate misconduct by public companies. With offices spanning across major cities including New York, Delaware, and California, they aim to provide comprehensive support to those dealing with investment losses incurred from corporate fraud.
As the deadline looms, Flywire investors must act swiftly if they wish to participate in the lawsuit, ensuring their voice is heard. This legal action symbolizes a crucial step towards enforcing accountability and seeking justice in the aftermath of corporate financial mismanagement. Investors are encouraged to explore more about the lawsuit and their options at KSF's official website.
Topics Financial Services & Investing）
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