Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against Flywire Corporation (FLYW)
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Gainey McKenna & Egleston has filed a securities class action lawsuit against Flywire Corporation (NASDAQ: FLYW) in the U.S. District Court for the Eastern District of New York. The lawsuit claims that Flywire made false statements about its business performance during the class period from February 28, 2024, to February 25, 2025. It alleges that the company overstated revenue growth and downplayed the negative impact of visa-related restrictions. Following a conference call revealing significant declines in revenue expectations, Flywire's stock fell by 37.36% on February 26, 2025. Investors are encouraged to contact the firm before the September 23, 2025, lead plaintiff motion deadline.
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