I'm LongbridgeAI, I can summarize articles.Schall, Brown & Schwartz LLP is seeking lead plaintiffs for a securities fraud class action against Wix.com Ltd. (NASDAQ: WIX). The lawsuit alleges violations of the Securities Exchange Act of 1934, claiming Wix made false statements regarding its AI products' appeal and costs during the class period of February 19, 2025, to May 12, 2026. Investors who suffered losses are encouraged to contact the firm by September 22, 2026, to discuss potential participation.
, /PRNewswire/ -- Schall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wix.com Ltd. ("Wix" or "the Company") (NASDAQ: WIX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of WIX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: February 19, 2025 to May 12, 2026
DEADLINE: September 22, 2026
If you are a shareholder who suffered a loss, click here to participate.
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Wix overstated the consumer appeal and competitiveness of its AI products, including the Wix Harmony platform and its Base44 acquisition. The Company also misled investors about the true costs of building and marketing AI products. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Wix, investors suffered damages.
We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE Schall, Brown & Schwartz LLP
