1. Flywire Corporation faces a class action lawsuit alleging securities fraud. 2. The lawsuit claims overstated revenue growth and understated negative impacts. 3. Affected period for complaints is February 28, 2024, to February 25, 2025. 4. Investors can request to be lead plaintiffs by September 23, 2025. 5. No costs are required for affected investors to participate in the lawsuit.
Class action lawsuits often lead to significant legal costs and market distrust. Historical cases, like Tesla's, show price declines post-announcement.
The lawsuit directly involves Flywire, raising concerns about revenue transparency and legality, significantly impacting investor sentiment.
Ongoing legal proceedings can negatively impact investor confidence and stock price over time. Similar cases often extend the loss period for affected stocks.
NEW YORK, Aug. 19, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Flywire Corporation ("Flywire Corporation" or the "Company") (NASDAQ:FLYW) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Flywire Corporation investors who were adversely affected by alleged securities fraud between February 28, 2024 and February 25, 2025. Follow the link below to get more information and be contacted by a member of our team:
https://zlk.com/pslra-1/flywire-corporation-lawsuit-submission-form?prid=162043&wire=4
FLYW investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the strength and sustainability of Flywire's revenue growth was overstated; (ii) the negative impact that permit- and visa-related restrictions were having and were likely to have on Flywire's business was understated; and (iii) as a result, defendants' public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Flywire Corporation during the relevant time frame, you have until September 23, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP