Flywire Corporation (NASDAQ: FLYW) Securities Fraud Class Action

Flywire Corporation (NASDAQ: FLYW) Securities Fraud Class Action

Class Periodbetween February 28, 2024 and February 25, 2025
COMPANY       Flywire Corporation
COURT United States District Court for the Eastern District of New York
CASE NUMBER 1:25-cv-04110
JUDGE Honorable Lara K. Eshkenazi
CLASS PERIOD  February 28, 2024 through February 25, 2025
SECURITY TYPE  Securities

LEAD PLAINTIFF DEADLINE IS SEPTEMBER 23, 2025.

If you have suffered losses and would like to discuss your rights, please fill out this form or you may contact Jonathan Naji, Esq. at (484) 270-1453 or via e-mail at [email protected].

Case Backgound:
A class action lawsuit was filed on behalf of those who purchased or otherwise acquired Flywire Corporation (“Flywire”) (NASDAQ: FLYW) securities between February 28, 2024, and February 25, 2025, inclusive (the “Class Period”).

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects.  Specifically, Defendants misrepresented and/or failed to disclose that: (1)  the strength and sustainability of Flywire’s revenue growth was overstated; (2) the negative impact that permit- and visa-related restrictions were having and were likely to have on Flywire’s business was understated; and (3) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
 

What is a Lead Plaintiff?

A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Filling out the online form above or communicating with any counsel is not necessary to participate or share in any recovery achieved in this case.  Any member of the purported class may move the court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member.

Complete this form with your transactions in Flywire Corporation securities between February 28, 2024 and February 25, 2025.

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