#United States #New York #Class Action #Securities Fraud #Flywire Corporation

Class Action Lawsuit Against Flywire Corporation

In a significant development for investors, Levi & Korsinsky, LLP has officially notified shareholders of Flywire Corporation (NASDAQ: FLYW) regarding a class action lawsuit. Filed on September 19, 2025, this legal action aims to recover losses suffered by investors due to alleged securities fraud. The lawsuit specifically covers the time frame from February 28, 2024, to February 25, 2025, during which it claims that Flywire made misleading statements regarding its financial health and business outlook.

Allegations of Securities Fraud

The lawsuit identifies key allegations against Flywire's management. It contends that company executives overstated the strength and sustainability of the corporation’s revenue growth. Additionally, it is asserted that the negative effects of permit and visa-related restrictions on Flywire's business operations were significantly understated. Consequently, the public statements made by Flywire were deemed materially false and misleading throughout the relevant timeframe.

What This Means for Investors

Investors who incurred losses during this timeframe are encouraged to take action. As part of the class action, they have the opportunity to request the court to appoint them as lead plaintiffs. The deadline for this request is set for September 23, 2025. It's crucial to note that even if individuals do not wish to serve as lead plaintiffs, they may still participate in potential recoveries from the lawsuit.

No Out-of-Pocket Costs

One of the most significant advantages of participating in this class action is that there are no costs or obligations for class members. Shareholders may be entitled to compensation without having to pay any out-of-pocket costs. The legal team at Levi & Korsinsky ensures that all aspects are managed without immediate costs to the class members, allowing them to focus on recovering damages associated with their investments in Flywire.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has a 20-year-long track record of securing hundreds of millions of dollars for aggrieved shareholders. Their seasoned team specializes in complex securities litigation and has consistently ranked among the top firms in the United States for securities class actions. The firm boasts a robust team of over 70 employees dedicated to serving investor needs, making them a reliable partner in such lawsuits.

Next Steps for Concerned Investors

Investors should consider their options carefully in light of this class action. Those who believe they have been adversely affected by Flywire's alleged securities fraud can initiate their participation by contacting Levi & Korsinsky via email or phone. Investors can fill out a submission form available on their website to receive further information.

For direct inquiries, investors can reach out to Joseph E. Levi, Esq., or Ed Korsinsky, Esq., both of whom are instrumental in representing shareholders during the legal proceedings. Their contact information is as follows:

• - Email: [email protected]
• - Phone: (212) 363-7500

In conclusion, the class action lawsuit against Flywire Corporation serves as a critical reminder about the importance of transparency and accountability in the corporate sector. Investors who believe they may have been misled have a chance to seek justice and potentially recover their losses through this legal framework. The implications of this lawsuit could be far-reaching, not just for Flywire but for investors across the market who expect accurate representations from the companies in which they invest.