Flywire Class Action Lawsuit Filed Over Securities Violations

Pomerantz LLP has filed a class action lawsuit against Flywire Corporation and certain officers, alleging violations of the federal securities laws. The lawsuit seeks damages for investors who purchased Flywire securities between February 28, 2024 and February 25, 2025. The case was filed in the US District Court for the Eastern District of New York.

Pomerantz LLP has recently announced the filing of a class action lawsuit against Flywire Corporation and certain officers, alleging violations of the federal securities laws. The lawsuit, filed in the United States District Court for the Eastern District of New York, seeks damages for investors who purchased Flywire securities between February 28, 2024 and February 25, 2025 [3].

The class action, docketed under 25-cv-04110, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Flywire securities during the specified time period. The lawsuit alleges that Flywire Corporation and its officers made false statements and/or concealed material information, resulting in investors suffering losses [3].

The specific allegations include that Flywire overstated the strength and sustainability of its revenue growth, understated the negative impact of permit- and visa-related restrictions on its business, and provided misleading information to investors. These actions, the lawsuit claims, were materially false and misleading at all relevant times [3].

Investors who believe they may have suffered losses due to these alleged misstatements are encouraged to consider participating in the class action. The lawsuit aims to recover losses on behalf of affected investors, and there is no cost or obligation to participate. The lead plaintiff deadline for this case is September 23, 2025 [2].

Pomerantz LLP, known for its extensive experience in securities litigation, has secured hundreds of millions of dollars for aggrieved shareholders in the past. The firm has a proven track record of representing investors in complex securities cases and has ranked in the top 50 securities litigation firms in the United States for the past seven years [2].

For more information about the class action lawsuit and how to participate, investors can contact Pomerantz LLP or visit the provided link [2].

References:
[1] https://investorshangout.com/flywire-corporation-securities-class-action-lawsuit-analysis-378840/
[2] https://www.morningstar.com/news/pr-newswire/20250902ny61590/levi-korsinsky-reminds-flywire-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-september-23-2025-flyw
[3] https://www.bakersfield.com/ap/news/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-flywire-corporation-and/article_f4fa0ee2-e308-5886-a4db-6cd289f01dda.html