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The filed complaint alleges that WisdomTree, Inc. made materially false and/or misleading statements and/or failed to disclose that: On August 6, 2024, WisdomTree disclosed that it had received a Wells Notice from the U.S. Securities and Exchange Commission (“SEC”) advising the Company that the SEC has made a “preliminary determination” to file an enforcement action “alleging violations of certain provisions of the U.S. federal securities laws.” Following this news, WisdomTree’s stock price fell over 2.5% the same day.
In order to be eligible to join the WT class action lawsuit, you must have incurred a loss on shares of WisdomTree, Inc. purchased during the class period listed above.
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