Globe News Wire
01 Jul 2026, 19:33 UTC · 2h ago
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Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims against Wealthfront Corporation (NASDAQ: WLTH). — Legal investigations into securities fraud typically create uncertainty and risk of future litigation costs or regulatory penalties.
-0.60Wealthfront reported total net deposits of $1.6 billion for Q3 FY2026, a significant decrease from $4.4 billion in the prior year period. — A sharp decline in net deposits suggests weakening growth or customer attrition in the company's core financial platform.
-0.50Wealthfront's stock price fell 16.84% on January 13, 2026, following the disclosure of its financial results. — The immediate market reaction confirms investor dissatisfaction with the reported financial metrics.
-0.30Which stocks this story touches
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The company is the subject of a securities class action lawsuit reminder.
The company is under investigation for potential securities fraud following a significant drop in stock price and net deposits.
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