Flywire Corp. Investigated for Misleading Financial Statements

Faruqi & Faruqi is investigating potential claims against Flywire Corporation for allegedly making false and/or misleading statements and/or failing to disclose negative impacts on its business. The company's stock price fell significantly after it missed consensus estimates, reported a net loss, and announced a restructuring plan. Investors have until September 23, 2025, to seek the role of lead plaintiff in a federal securities class action.

Investors in Flywire Corporation (NASDAQ: FLYW) are facing potential legal action following allegations of false and misleading statements and failure to disclose negative impacts on the company's business. The Shareholders Foundation, Inc. has announced an investigation on behalf of long-term investors, while Pomerantz LLP has filed a class action lawsuit against Flywire Corporation and certain officers.

The investigation, announced on September 23, 2025, by the Shareholders Foundation, Inc., focuses on potential breaches of fiduciary duties by certain directors and officers of Flywire Corporation. The investigation is a response to a lawsuit filed against Flywire Corporation in the U.S. District Court for the Eastern District of New York, alleging securities laws violations. Investors who purchased shares of Flywire Corporation are encouraged to contact the Shareholders Foundation for more information Investigation announced for Investors in Flywire Corporation (NASDAQ: FLYW) concerning possible Wrongdoing^[1].

The class action lawsuit, filed by Pomerantz LLP on September 23, 2025, alleges that Flywire Corporation and its top officials made materially false and misleading statements regarding the company's business, operations, and prospects. The complaint, filed in the United States District Court for the Eastern District of New York, alleges that Flywire Corporation overstated the strength and sustainability of its revenue growth and understated the negative impact of permit- and visa-related restrictions on its business. The lawsuit seeks to recover damages caused by these alleged violations and pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 Pomerantz Law Firm Announces the Filing of a Class Action Against Flywire Corporation and Certain Officers - FLYW^[2].

Investors who purchased or otherwise acquired Flywire securities between February 28, 2024, and February 25, 2025, are eligible to join the class action. They have until September 23, 2025, to ask the Court to appoint them as Lead Plaintiff for the class. Those interested in discussing this action can contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980 Pomerantz Law Firm Announces the Filing of a Class Action Against Flywire Corporation and Certain Officers - FLYW^[2].

Flywire Corporation's stock price fell significantly after it missed consensus estimates, reported a net loss, and announced a restructuring plan. The company's Chief Executive Officer and Chief Financial Officer made statements that were later found to be inconsistent with the actual financial performance of the company. Multiple analysts downgraded their recommendation on Flywire and/or cut their price target following these disclosures Pomerantz Law Firm Announces the Filing of a Class Action Against Flywire Corporation and Certain Officers - FLYW^[2].

Investors are advised to review the complaint and seek legal advice if they believe they have been affected by these alleged violations. The Shareholders Foundation, Inc., and Pomerantz LLP are providing assistance to investors in this matter.