Pomerantz announces Wise securities class action; Sept. 29 lead plaintiff deadline

  • Pomerantz LLP announced a class action lawsuit against Wise Group plc.
  • September 29, 2026, is the deadline to seek lead plaintiff appointment.
  • Wise shares declined on June 1, June 2 and July 24, 2026.

Pomerantz LLP announced that a securities class action lawsuit has been filed against Wise Group plc (NASDAQ: WSE) and certain of its officers and/or directors over alleged securities fraud or other unlawful business practices. Investors who purchased or otherwise acquired Wise securities during the Class Period have until September 29, 2026, to ask the Court to appoint them as Lead Plaintiff. The announcement directs investors to Danielle Peyton at newaction@pomlaw.com, 646-581-9980 or 888.4-POMLAW, toll-free, Ext. 7980, and says a copy of the Complaint is available at www.pomerantzlaw.com. It cites a June 1 Reuters report that the Brussels Public Prosecutor’s Office was investigating Wise’s European entity over suspected transactions reportedly exceeding half a billion euros ($582.5 million). The investigation, which began last year and was nearing completion, involved potential money laundering offenses allegedly linked to fraud, corruption and drug trafficking, including whether international criminal organizations used Wise Europe’s services. Wise shares fell $0.67, or 5.24%, to $12.10 on June 1, 2026, and another $0.56, or 4.63%, to $11.54 on June 2. The announcement also cites a July 24 Wall Street Journal report that U.S. regulators denied Wise’s application for a national trust bank license because of deficiencies in its program to combat money laundering and terrorism financing. Wise shares fell $0.75, or 6.2%, to $11.33 on July 24. Pomerantz said the firm has offices in New York, Chicago, Los Angeles, London, Paris and Tel Aviv and has represented class members in numerous multimillion-dollar damages awards.

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