Particle.news
Download on the App Store
3 ARTICLES
·
last wk.

Rosen Law Firm and KSF Remind Flywire Investors of September Lead-Plaintiff Deadline

Investors have until September 23 to seek lead-plaintiff status in a suit accusing Flywire of inflating revenue, downplaying visa hurdles.

Rosen, a leading investor rights law firm, encourages flywire corporation investors to secure counsel before important deadline in securities class action flyw

Overview

  • The class action covers Flywire securities purchased between February 28, 2024, and February 25, 2025, and is at an early procedural stage with no class yet certified.
  • Plaintiffs contend Flywire overstated the strength and sustainability of revenue growth while understating permit- and visa-related restrictions, rendering its public statements materially misleading.
  • Rosen Law Firm’s August 11 press release highlights its contingency-fee representation and touts past securities recoveries to encourage investor participation.
  • Kahn Swick & Foti’s August 12 alert, led by former Louisiana Attorney General Charles C. Foti Jr., directs investors to file lead-plaintiff motions in the Eastern District of New York.
  • All motions for lead-plaintiff appointment must be filed by September 23 for investors to retain counsel, influence litigation direction or remain absent class members.