#United States #New York #Class Action #Levi Korsinsky #Flywire Corporation

Class Action Lawsuit Filed Against Flywire Corporation

On September 5, 2025, the law firm Levi & Korsinsky, LLP announced the initiation of a class action lawsuit on behalf of investors in Flywire Corporation (NASDAQ: FLYW). This action aims to seek recovery for shareholders who suffered financial losses due to alleged securities fraud that occurred between February 28, 2024, and February 25, 2025.

Overview of the Case

The lawsuit asserts that Flywire Corporation made misleading statements regarding the strength and sustainability of its revenue growth, downplaying the negative impact of permit and visa-related restrictions on its business operations. As outlined in the complaint, these misrepresentations have caused investors considerable financial harm.

Allegations

The complaint filed by Levi & Korsinsky details specific claims against Flywire Corporation, including:
1. Overstated Revenue Growth: The defendants allegedly exaggerated their revenue growth, leading investors to believe their financial health was stronger than it actually was.
2. Underestimated Business Risks: It is claimed that the negative effects of permit and visa restrictions were understated, giving a false impression of operational stability.
3. Misleading Public Statements: Overall, the public statements made by Flywire were purportedly materially false and misleading during the relevant time period.

Investors' Rights and Next Steps

Investors who suffered losses during the specified timeframe have until September 23, 2025, to request the Court appoint them as lead plaintiffs. It's important to note that participating in the recovery does not require one to act as the lead plaintiff in the case.

No Cost to Participants

For eligible investors, joining the class will not involve any up-front costs or fees. Compensation might be available without any financial outlay, making it accessible for those affected

Why Choose Levi & Korsinsky?

With a track record spanning over two decades, Levi & Korsinsky has successfully recovered hundreds of millions for shareholders facing losses due to fraudulent practices. Their experience in complex securities litigation is bolstered by a dedicated team of over 70 legal professionals.

Levi & Korsinsky ranks consistently among the top securities litigation firms in the United States, as recognized by ISS Securities Class Action Services' Top 50 Report.

Contact Information

For those affected and wishing to participate or gain more information, Levi & Korsinsky can be reached:

• - Joseph E. Levi, Esq. at [email protected]
• - Phone: (212) 363-7500
• - Address: 33 Whitehall Street, 17th Floor, New York, NY 10004

Investors are encouraged to act swiftly, as the deadline to join the class action is drawing near. Engaging with legal professionals during this sensitive time is crucial to ensure protection and recovery of rights and potential losses related to investments in Flywire Corporation.