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The Law Offices of Frank R. Cruz announces an investigation of Wealthfront Corporation (“Wealthfront” or the “Company”) (NASDAQ: WLTH) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On 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’s CEO, David Fortunato, attributed the slowdown to the interest rate decline, and emphasized the importance of the firm’s newly launched home-lending business to address this trend.
Fortunato also noted he personally owns 95.1% of Wealthfront’s home-lending business and disclosed the Company might “revisit or revise the ownership structure.”
On this news, Wealthfront’s stock price fell $2.12, or 16.8%, to close at $10.47 per share on January 13, 2026, thereby injuring investors.
If you suffered a loss on your Wealthfront Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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