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News  ›  GlobeNewswire Inc.

WLTH Investors Have Opportunity to Join Wealthfront Corporation Fraud Investigation with the Schall Law Firm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Schall Law Firm
WLTH Investors Have Opportunity to Join Wealthfront Corporation Fraud Investigation with the Schall Law Firm

The Schall Law Firm is investigating Wealthfront Corporation (NASDAQ: WLTH) for potential securities law violations, alleging false or misleading statements and inadequate disclosures. The investigation was prompted by a 14% stock price drop following the company's quarterly earnings report, which revealed softening asset flows in November and December.

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WLTH   negative

The company is under investigation for potential securities violations and false disclosures. Additionally, the stock experienced a significant 14% decline following disappointing quarterly earnings with weakening asset flows, indicating deteriorating business performance and investor confidence.