{"id":18530,"date":"2026-06-10T00:00:00","date_gmt":"2026-06-09T22:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=102cd0af43a09ec392e1d4fe3046e6c6"},"modified":"2026-06-10T00:00:00","modified_gmt":"2026-06-09T22:00:00","slug":"securities-fraud-investigation-into-wealthfront-corporation-wlth-continues-shareholders-who-lost-money-urged-to-contact-glancy-prongay-murray-llp-a-leading-securities-fraud-law-firm","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=18530","title":{"rendered":"Securities Fraud Investigation Into Wealthfront Corporation (WLTH) Continues \u2013 Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP<\/a>, a leading national shareholder rights law firm, continues its investigation on behalf of Wealthfront Corporation (\u201cWealthfront\u201d or the \u201cCompany\u201d) (NASDAQ: WLTH<\/a>) investors concerning the Company\u2019s possible violations of the federal securities laws.<\/p><\/a><\/a>

\nIF YOU ARE AN INVESTOR WHO LOST MONEY ON WEALTHFRONT CORPORATION (WLTH), CLICK <\/b>HERE<\/b><\/a> TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.<\/b><\/p>

\nWhat Happened?<\/b><\/p>

\nOn January 12, 2026, Wealthfront released its third quarter 2026 financial results, disclosing significant net deposit outflows of $208 million, a sharp reversal from $874 million in inflows during the prior year period. During the associated earnings call, the Company\u2019s CEO, David Fortunato, attributed the slowdown to the interest rate decline, and emphasized the importance of the firm\u2019s newly launched home-lending business to address this trend.<\/p>

\nFortunato also noted he personally owns 95.1% of Wealthfront\u2019s home-lending business and disclosed the Company might \u201crevisit or revise the ownership structure.\u201d<\/p>

\nOn this news, Wealthfront\u2019s stock price fell $2.12, or 16.8%, to close at $10.47 per share on January 13, 2026, thereby injuring investors.<\/p>

\nThen, on June 4, 2026, Wealthfront released its first quarter 2026 financial results, revealing total net deposits had continued to markedly decline, falling 69% year over year, to $554 million. The Company further revealed that its gross profit margin was down year over year due in part to \u201cstartup expenses associated with Wealthfront Home Lending.\u201d<\/p>

\nOn this news, Wealthfront\u2019s stock price fell $1.65, or 14.35%, to close at $9.85 per share on June 5, 2026, thereby injuring investors further.<\/p>

\nContact Us To Participate or Learn More:<\/b><\/p>

\nIf you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.<\/p>

\nCharles Linehan, Esq.,\nGlancy Prongay & Murray LLP,\n1925 Century Park East, Suite 2100,\nLos Angeles California 90067\nEmail: shareholders@glancylaw.com<\/a>Telephone: 310-201-9150 (Toll-Free: 888-773-9224)\nVisit our website at www.glancylaw.com<\/a>.\nFollow us for updates on LinkedIn<\/a>, Twitter<\/a>, or Facebook<\/a>.<\/p>

\nWhistleblower Notice<\/b><\/p>

\nPersons with non-public information regarding Wealthfront should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com<\/a>.<\/p>

\nAbout Glancy Prongay & Murray LLP<\/b><\/p>

\nGlancy Prongay & Murray LLP (\u201cGPM\u201d) is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. GPM has been consistently ranked in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.<\/p>

\nWith four offices across the country, GPM\u2019s nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM\u2019s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPM\u2019s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal<\/i>, The Financial Times<\/i>, Bloomberg Businessweek<\/i>, Reuters<\/i>, the Associated Press<\/i>, Barron\u2019s<\/i>, Investor\u2019s Business Daily<\/i>, Forbes<\/i>, and Money<\/i>.<\/p>

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nContact Us:<\/b>Glancy Prongay & Murray LLP,\n1925 Century Park East, Suite 2100,\nLos Angeles, CA 90067\nCharles Linehan<\/b>Email: shareholders@glancylaw.com<\/a>Telephone: 310-201-9150\nToll-Free: 888-773-9224\nVisit our website at: www.glancylaw.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Wealthfront Corporation (\u201cWealthfront\u201d or the \u201cCompany\u201d) (NASDAQ: WLTH) investors concerning the Com…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18530","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/18530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18530"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/18530\/revisions"}],"predecessor-version":[{"id":18531,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/18530\/revisions\/18531"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}