Flywire Corp. Shareholders Investigate Potential Breach of Fiduciary Duties

Tuesday, Aug 26, 2025 8:17 am ET1min read

Flywire Corporation (NASDAQ: FLYW) is under investigation for potential breaches of fiduciary duties by certain officers and directors. Shareholders who purchased Flywire shares prior to February 28, 2024, and still hold shares today may seek corporate reforms and a return of funds at no cost. Those who purchased shares between February 28, 2024, and February 25, 2025, can participate in the class action.

Flywire Corporation (NASDAQ: FLYW) is currently under investigation for potential breaches of fiduciary duties by certain officers and directors. The investigation, conducted by Grabar Law Office, concerns whether these individuals failed to fulfill their legal obligations to the company and its shareholders. According to the investigation, Flywire's officers and directors may have made misleading statements about the company's financial health and business prospects, potentially overstating revenue growth and understating the impact of permit- and visa-related headwinds.

Shareholders who purchased Flywire shares prior to February 28, 2024, and still hold shares today are encouraged to visit [Grabar Law Office's website](https://grabarlaw.com/the-latest/flywire-shareholder-investigation/) or contact Joshua Grabar at jgrabar@grabarlaw.com or 267-507-6085. They can seek corporate reforms, the return of funds back to the company, and a court-approved incentive award at no cost to them.

Those who purchased shares between February 28, 2024, and February 25, 2025, are eligible to participate in the class action lawsuit. The class action alleges that Flywire made false and/or misleading statements regarding the sustainability of its revenue growth and the anticipated negative impacts of permit- and visa-related headwinds on the company's business.

Flywire's shares have been volatile in recent weeks, reflecting the uncertainty surrounding the investigation. Investors should closely monitor the developments and consult with their financial advisors before making any investment decisions.

References:
[1] Grabar Law Office. (2025, August 26). Important Notice for Long-Term Shareholders of Flywire Corporation. Retrieved from https://www.globenewswire.com/news-release/2025/08/26/3139252/0/en/Important-Notice-for-Long-Term-Shareholders-of-Flywire-Corporation-NASDAQ-FLYW-Ibotta-Inc-NYSE-IBTA-SelectQuote-Inc-NYSE-SLQT-and-Semtech-Corporation-NASDAQ-SMTC-Grabar-Law-Office-.html

Comments



Add a public comment...
No comments

No comments yet