Flywire Class Action Lawsuit Filed Over Securities Violations

Thursday, Aug 21, 2025 10:21 am ET1min read

A class-action lawsuit has been filed against Flywire Corporation and certain officers, alleging violations of federal securities laws. The lawsuit seeks to recover damages caused by the defendants' actions and covers all persons and entities who purchased or acquired Flywire securities between February 28, 2024, and February 25, 2025. Those affected have until September 23, 2025, to seek remedies under the Securities Exchange Act of 1934.

Flywire Corporation (NASDAQ: FLYW) is facing a class-action lawsuit alleging violations of federal securities laws. The lawsuit, filed in the United States District Court for the Eastern District of New York, seeks to recover damages caused by the defendants' actions. The suit covers all persons and entities that purchased or acquired Flywire securities between February 28, 2024, and February 25, 2025 [1].

The complaint alleges that the defendants made materially false and misleading statements regarding the company's business, operations, and prospects. Specifically, it is claimed that the strength and sustainability of Flywire's revenue growth were overstated, and the negative impact of permit and visa-related restrictions on the business was understated [1].

Investors affected by these alleged violations have until September 23, 2025, to seek remedies under the Securities Exchange Act of 1934. If you suffered a loss during the relevant time frame, you may be eligible to participate in the class action. There is no cost to you to participate, and any recovery would be shared among class members [1].

Levi & Korsinsky, LLP, a law firm representing investors in complex securities litigation, has notified Flywire investors of the lawsuit. They advise contacting Joseph E. Levi, Esq., via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500 [1]. Another law firm, Bronstein, Gewirtz & Grossman, LLC, has also announced the lawsuit and encourages investors to visit their site for more information [2].

ClaimsFiler, a free shareholder information service, reminds investors that they have until September 23, 2025, to file lead plaintiff applications in the lawsuit. Lawyers at Kahn Swick & Foti, LLC, are available to discuss legal options [3].

References:
[1] https://www.globenewswire.com/news-release/2025/08/19/3136009/3080/en/Flywire-Corporation-Sued-for-Securities-Law-Violations-Investors-Should-Contact-Levi-Korsinsky-Before-September-23-2025-to-Discuss-Your-Rights-FLYW.html
[2] https://www.morningstar.com/news/globe-newswire/9515930/flywire-shareholder-alert-claimsfiler-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuits-against-flywire-corporation-flyw
[3] https://www.globenewswire.com/news-release/2025/08/18/3135275/9788/en/FLYW-INVESTOR-ALERT-Bronstein-Gewirtz-Grossman-LLC-Announces-that-Flywire-Corporation-Investors-with-Substantial-Losses-Have-Opportunity-to-Lead-Class-Action-Lawsuit.html

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