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FLYW Investors Have Opportunity to Lead Flywire Corporation Securities Fraud Lawsuit Filed by the Schall Law Firm
FlywireFlywire(US:FLYW) Prnewswire·2025-07-31 14:37

Core Viewpoint - A class action lawsuit has been filed against Flywire Corporation for alleged violations of securities laws, claiming the company made false and misleading statements regarding its revenue growth and the impact of visa restrictions on its business [1][4]. Group 1: Lawsuit Details - The Schall Law Firm has initiated a class action lawsuit against Flywire Corporation under §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - The lawsuit targets investors who purchased Flywire's securities between February 28, 2024, and February 25, 2025 [2]. - The firm encourages affected shareholders to contact them before September 23, 2025, to discuss their rights [2][3]. Group 2: Allegations Against Flywire - The complaint alleges that Flywire overstated the sustainability of its revenue growth and downplayed the negative effects of visa and permit restrictions on its operations [4]. - It is claimed that Flywire's public statements were false and materially misleading throughout the class period, leading to investor damages when the truth emerged [4].