Legal Action Initiated Against Flywire Corporation Over Securities Fraud Allegations

Class Action Lawsuit Against Flywire Corporation

On August 22, 2025, Levi & Korsinsky, LLP announced that it has filed a class action lawsuit against Flywire Corporation (NASDAQ: FLYW), a company known for its global payment solutions. This legal action affects investors who experienced losses due to alleged securities fraud committed between February 28, 2024, and February 25, 2025. The firm seeks to recover these losses on behalf of those adversely impacted during this time frame.

Understanding the Allegations

The complaint asserts that various defendants involved in the company made false statements and concealed critical information regarding Flywire's operations. Specifically, it alleges that:

1. The reported strength and sustainability of Flywire's revenue growth were significantly exaggerated.
2. The adverse effects of restrictions related to permits and visas on the company's business were substantially understated.
3. As a result of these misleading statements, the defendants engaged in practices that misrepresented the truth about the company's financial health.

These claims suggest that investors may have made decisions based on inaccurate information, leading to financial losses as the truth came to light.

Next Steps for Investors

For those who suffered financial losses while investing in Flywire during the relevant period, there is an opportunity to take legal action. Investors must act swiftly, as the deadline to request lead plaintiff status in this class action is set for September 23, 2025. Participating in this lawsuit does not require one to be a leading plaintiff; affected individuals can still recover compensation without taking on that role.

Furthermore, there are no out-of-pocket costs for class members. Levi & Korsinsky emphasizes that the firm is committed to ensuring that those impacted can participate without the burden of legal fees or expenses.

Why Choose Levi & Korsinsky?

Having built a solid reputation over the past two decades, Levi & Korsinsky has helped secure hundreds of millions of dollars for shareholders who faced injustices in the securities markets. The firm is equipped with a dedicated team of over 70 professionals who specialize in complex securities litigation. In addition, it has consistently ranked as a top firm in ISS Securities Class Action Services' annual reports, affirming its expertise and effectiveness in handling high-stakes cases.

Investors wanting to participate in the class action can reach out to Joseph E. Levi or Ed Korsinsky at Levi & Korsinsky, LLP, through their contact details provided below:

- Email: [email protected]
- Phone: (212) 363-7500
- Address: 33 Whitehall Street, 17th Floor, New York, NY 10004

For more detailed information and to submit a claim, investors can visit the following link: Flywire Corporation Lawsuit Submission Form.

Conclusion

This class action lawsuit serves as a pivotal reminder for investors regarding the importance of transparency and accountability in financial statements. As deadlines approach, those affected by the alleged discrepancies at Flywire Corporation are encouraged to seek legal recourse to recover their potential losses. With the backing of a reputable law firm, investors can pursue justice and hold the defendants accountable for their actions.