#USA #Class Action #DJS Law Group #Eastchester #Flywire Corporation

Flywire Corporation Sued for Securities Law Violations

The DJS Law Group has issued a reminder to investors regarding a class action lawsuit against Flywire Corporation, publicly traded as FLYW on NASDAQ. The lawsuit pertains to several significant concerns regarding securities law violations that could impact shareholders who purchased shares during the defined class period.

Background of the Lawsuit

According to the legal notice released, the class action focuses on violations of both §10(b) and §20(a) of the Securities Exchange Act of 1934, along with the implementation of Rule 10b-5 as stipulated by the U.S. Securities and Exchange Commission (SEC). Investors who acquired shares from February 28, 2024, to February 25, 2025, are particularly encouraged to reach out for potential participation in the lawsuit.

Allegations of Misrepresentation

The focal point of the complaint is centered on alleged false and misleading statements made by Flywire. It is claimed that the company overstated the sustainability and growth of its revenue, while also downplaying the adverse effects of changes regarding visa and permit restrictions on business. As a result, Flywire's public pronouncements were reportedly misleading, affecting investors' trust and leading to potential financial losses for shareholders.

Important Dates and Contact Information

Shareholders interested in joining the case must contact the DJS Law Group before the deadline on September 23, 2025. Even those who choose not to become lead plaintiffs can still participate in pursuing recovery for their losses. The firm promises to provide enrolled shareholders with portfolio monitoring software to keep them updated on the lawsuit's status at no cost.

DJS Law Group's Commitment to Investors

DJS Law Group has made it a mission to enhance investor returns through deliberate counseling and robust advocacy. They specialize in securities class actions and corporate governance litigation, catering to some of the most sophisticated hedge funds and alternative asset managers worldwide. Their litigation efforts are aimed at melting away the complexities and burdens of investors while maximizing potential recovery.

Conclusion

For investors in Flywire Corporation, staying informed and acted upon is pivotal in times like these. This legal proceeding could determine significant outcomes for shareholders impacted by these allegations. Those who believe they may have suffered losses due to misleading statements by Flywire are urged to seek additional legal guidance at their earliest convenience, joining an essential cause that aims to uphold corporate accountability and protect shareholders’ interests.