NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Pomerantz LLP is investigating claims on behalf of investors of WisdomTree, Inc. ("WisdomTree" or the "Company") (NYSE:WT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether WisdomTree and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On August 6, 2024, WisdomTree disclosed receipt of 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."
On this news, WisdomTree's stock price fell $0.25 per share, or 2.5%, to close at $9.76 per share on August 6, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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SOURCE: Pomerantz LLP