Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in Wise to Contact Him Directly to Discuss Their Options
NEW YORK, Sept. 10, 2026 /PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors of the September 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against Wise Group plc (“Wise” or the “Company”) (NASDAQ: WSE).
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WHY: Faruqi & Faruqi, LLP, a leading national securities law firm, informs investors of the class action on behalf of persons or entities who purchased or otherwise acquired publicly traded Wise securities between May 11, 2026 and July 23, 2026, inclusive (the “Class Period”).
WHAT TO DO NEXT: To learn more about the Wise class action, go to www.faruqilaw.com/WSE or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). A class action lawsuit has already been filed.
If you wish to serve as lead plaintiff, you must move the Court no later than September 29, 2026. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
THE ALLEGATIONS:
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) in order to have a successful debut on the NASDAQ, defendants materially understated Wise’s regulatory risks as a result of its materially deficient anti-money laundering efforts, as well as insufficient efforts to prevent the financing of terrorism; and (2) as a result, defendants’ statements about Wise’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Wise’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Frequently Asked Questions (FAQ) for Investors Regarding the Wise Securities Class Action Lawsuit
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Wise (NASDAQ: WSE) between May 11, 2026 and July 23, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
How much did Wise stock drop?
Following the alleged corrective disclosures, Wise shares fell approximately 6% on July 24, 2026 as described in the complaint.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Wise Group plc securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
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SOURCE Faruqi & Faruqi, LLP
