Business
Bragar Eagel & Squire, P.C. Reminds Investors of Flywire, Lockheed Martin, Lineage, and Sable Offshore that Lawsuits Have Been Filed and Encourages Investors to Contact the Firm
NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C ., a nationally r...
About this update from Linear Minerals Corp.
[{"type":"text","content":"Bragar Eagel & Squire, P.C. Reminds Investors of Flywire, Lockheed Martin, Lineage, and Sable Offshore that Lawsuits Have Been Filed and Encourages Investors to Contact the Firm\n\n\n\n NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) --\n \n Bragar Eagel & Squire, P.C\n \n ., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Flywire Corporation (NASDAQ:FLYW), Lockheed Martin Corporation (NYSE:LMT), Lineage, Inc. (NASDAQ:LINE) and Sable Offshore Corporation (NYSE:SOC). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.\n \n\n\n Flywire Corporation (NASDAQ:FLYW)\n \n\n\n Class Period: February 28, 2024 to February 25, 2025\n \n\n Lead Plaintiff Deadline: September 23, 2025\n \n\n According to the complaint, during the class period, defendants failed to disclose that (i) the strength and sustainability of Flywire’s revenue growth was overstated, and (ii) the negative impact that permit- and visa-related restrictions were having and were likely to have on Flywire’s business was understated.\n \n\n On February 25, 2025, Flywire issued a press release announcing disappointing fourth quarter and FY 2024 financial results. The same day, during a conference call, the Company revealed it expected “revenue in both [Canadian and Australian] markets to be down over 30% [Y/Y]” because of “recent policy changes” and “new visa rules [that] are starting to affect demand[,]” while also citing headwinds in the Company’s U.S. market on similarly shifting visa trends. On this news, multiple analysts downgraded their recommendation on Flywire and/or cut their price target. Following the disclosures and analyst downgrades and PT cuts, Flywire’s voting common stock price fell $6.59 per share, or 37.36%, to close at $11.05 per share on February 26, 2025.\n \n\n For more information on the Flywire lawsuit go to:\n \n https://bespc.com/cases/FLYW\n \n\n\n\n Lockheed Martin Corporation (NYSE:LMT)\n \n\n\n Class Period: January 23, 2024 to July 21, 2025\n \n\n Lead Plaintiff Deadline: September 26, 2025\n \n\n The complaint filed in this class action alleges that throughout the Class Peri...