Flywire Corporation under investigation for possible fiduciary breaches.
ByAinvest
Friday, Aug 22, 2025 8:51 am ET1min read
FLYW--
Grabar Law Office is investigating whether Flywire's officers and directors misled investors about the company's financial health and sustainability. Specifically, the investigation alleges that Flywire overstated the strength and sustainability of its revenue growth while downplaying the anticipated negative impacts of permit- and visa-related headwinds on its business. These allegations, if proven, could lead to corporate reforms, the return of funds to the company, and a court-approved incentive award for affected shareholders.
Shareholders who purchased Flywire shares prior to February 28, 2024, and still hold them today are encouraged to contact Grabar Law Office to seek corporate reforms, fund returns, and a court-approved incentive award at no cost. Those who bought shares between February 28, 2024, and February 25, 2025, can participate in a class action lawsuit.
The investigation follows a recent securities fraud class action complaint that alleges Flywire made false and/or misleading statements about its business and financial condition. The complaint, filed on August 21, 2025, seeks to hold Flywire accountable for any losses sustained by shareholders due to these alleged misrepresentations.
Flywire has not yet responded to the allegations or the investigation. The company's stock price has been volatile in recent months, reflecting investor concerns about the potential fallout from the investigation. However, Flywire has not issued any statements regarding the investigation or its implications for shareholders.
Investors are advised to stay informed about the investigation's progress and to consult with legal and financial professionals if they have questions or concerns about their investments in Flywire Corporation.
References:
[1] https://www.globenewswire.com/news-release/2025/08/21/3137107/0/en/Important-Notice-for-Long-Term-Shareholders-of-Flywire-Corporation-NASDAQ-FLYW-iRobot-Corporation-NASDAQ-IRBT-LuxUrban-Hotels-Inc-OTC-LUXH-and-SelectQuote-Inc-NYSE-SLQT-Grabar-Law-.html
Flywire Corporation is under investigation by Grabar Law Office for potential fiduciary duty breaches by certain officers and directors. The investigation concerns Flywire's (NASDAQ: FLYW) financial dealings, and affected shareholders may seek corporate reforms, fund returns, or a court-approved incentive award. If you purchased Flywire shares prior to February 28, 2024, and still hold them, you can seek reforms at no cost. If you bought between February 28, 2024, and February 25, 2025, you can participate in a class action lawsuit.
Flywire Corporation (NASDAQ: FLYW) is facing a significant investigation by Grabar Law Office, which alleges potential breaches of fiduciary duties by certain officers and directors. The investigation, announced on August 21, 2025, pertains to Flywire's financial dealings and could have significant implications for shareholders.Grabar Law Office is investigating whether Flywire's officers and directors misled investors about the company's financial health and sustainability. Specifically, the investigation alleges that Flywire overstated the strength and sustainability of its revenue growth while downplaying the anticipated negative impacts of permit- and visa-related headwinds on its business. These allegations, if proven, could lead to corporate reforms, the return of funds to the company, and a court-approved incentive award for affected shareholders.
Shareholders who purchased Flywire shares prior to February 28, 2024, and still hold them today are encouraged to contact Grabar Law Office to seek corporate reforms, fund returns, and a court-approved incentive award at no cost. Those who bought shares between February 28, 2024, and February 25, 2025, can participate in a class action lawsuit.
The investigation follows a recent securities fraud class action complaint that alleges Flywire made false and/or misleading statements about its business and financial condition. The complaint, filed on August 21, 2025, seeks to hold Flywire accountable for any losses sustained by shareholders due to these alleged misrepresentations.
Flywire has not yet responded to the allegations or the investigation. The company's stock price has been volatile in recent months, reflecting investor concerns about the potential fallout from the investigation. However, Flywire has not issued any statements regarding the investigation or its implications for shareholders.
Investors are advised to stay informed about the investigation's progress and to consult with legal and financial professionals if they have questions or concerns about their investments in Flywire Corporation.
References:
[1] https://www.globenewswire.com/news-release/2025/08/21/3137107/0/en/Important-Notice-for-Long-Term-Shareholders-of-Flywire-Corporation-NASDAQ-FLYW-iRobot-Corporation-NASDAQ-IRBT-LuxUrban-Hotels-Inc-OTC-LUXH-and-SelectQuote-Inc-NYSE-SLQT-Grabar-Law-.html
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