Important Reminder: Lead Plaintiff Deadline Approaching for Flywire Lawsuit

Faruqi & Faruqi Reminds Shareholders of Upcoming Deadline

Faruqi & Faruqi, LLP, a prominent national law firm specializing in securities litigation, is reaching out to investors regarding their potential claims against Flywire Corporation (NASDAQ: FLYW). The firm is investigating potential violations concerning Flywire's reporting and public statements, notably around the misleading portrayal of its financial health and operational stability.

As of July 29, 2025, Faruqi & Faruqi has emphasized the necessity for shareholders to be cognizant of the lead plaintiff deadline scheduled for September 23, 2025. This deadline marks the last date for investors to formally move to assume the role of lead plaintiff in a federal securities class action lawsuit initiated against the company.

Background Information

The allegations detailed in the complaint suggest that Flywire and its executives may have breached federal securities laws. Key transgressions reportedly include the issuance of false and misleading declarations concerning the growth and sustainability of the company's revenue. The complaint underscores several crucial points:

1. Overstated Revenue Growth: The allegations claim Flywire exaggerated the strength and consistency of its revenue growth, leading investors to have an inflated perspective on the company's fiscal health.

2. Understated Challenges: The firm has also reportedly downplayed the adverse effects of various permit and visa-related restrictions, which were negatively impacting its business model.

3. Misleading Public Statements: Due to these factors, the complaint states that the information disseminated to the public regarding the company's financial standing was materially inaccurate throughout the relevant time periods.

In a shocking reveal, Flywire's financial report, released on February 25, 2025, showcased dismal results that included a net loss of $15.9 million and guidance cuts for the year 2025, alongside a restructuring plan that entails a significant 10% workforce reduction. This prompted Flywire's stock to experience a dramatic plunge, dropping $6.59, equivalent to 37.4%, on February 26, 2025, leaving the share price at $11.05.

Call to Potential Lead Plaintiffs

Under these troubling circumstances, Faruqi & Faruqi is actively encouraging investors who have faced losses exceeding $50,000 in Flywire during the period from February 28, 2024, to February 25, 2025, to contact their office. The primary directive is to discuss their legal options for potentially joining the class action as lead plaintiffs. The process allows individuals to either nominate themselves as a lead plaintiff, presuming they fit the necessary criteria, or simply remain absent members of the class. Affected investors can reach out to the firm's partner, Josh Wilson, directly by calling 877-247-4292 or 212-983-9330 (Ext. 1310).

Conclusion

Faruqi & Faruqi is dedicated to serving the interests of investors and is deeply committed to uncovering the truth regarding Flywire's practices. They encourage all affected shareholders to gather additional insights related to these claims and consider their involvement in the legal process. Furthermore, any whistleblowers or former employees with pertinent information regarding Flywire's actions are urged to reach out to the firm, as their input could be invaluable to the investigation.

As the clock ticks down to the September 2025 deadline, shareholders are advised to act swiftly to secure their rights and potentially seek recovery for their losses. For more information about the Flywire class action or to connect with Faruqi & Faruqi, visit Faruqi's website or contact partner Josh Wilson directly.