Wise Group plc and its executives face a federal securities class action alleging they understated regulatory risks tied to allegedly deficient anti-money-laundering controls and insufficient efforts to prevent terrorism financing ahead of the company's NASDAQ debut. The complaint covers investors who purchased or otherwise acquired publicly traded Wise securities between May 11, 2026, and July 23, 2026. Wise shares fell approximately 6% on July 24, 2026, following alleged corrective disclosures, according to the complaint. Faruqi & Faruqi, LLP said investors seeking appointment as lead plaintiff must file a motion by Sept. 29, 2026.