WLTH LEGAL NEWS: Wealthfront Corporation Investors with Losses may have been Misled by the Company and are Urged to Contact BFA Law about its Ongoing Investigation

Core Viewpoint - Wealthfront Corporation is under investigation for potential violations of federal securities laws, particularly concerning misleading statements made during its IPO process [1][3]. Company Overview - Wealthfront is an online financial advisor that utilizes automated tools to provide investment and financial advice [2]. IPO Details - On December 12, 2025, Wealthfront completed its IPO, offering over 34 million shares at a price of $14.00 per share [2]. Investigation Focus - The investigation by Bleichmar Fonti & Auld LLP centers on whether Wealthfront made false and misleading statements to investors, especially in the IPO offering materials [3]. Stock Performance - Wealthfront's stock experienced a significant decline following its first quarterly results as a public company, reporting net deposit outflows of $208 million, a reversal from $874 million in inflows during the same period the previous year [4]. - Following the earnings call on January 12, 2026, where CEO David Fortunato discussed the company's challenges and his personal stake in the home-lending business, the stock price dropped by $2.12, nearly 17%, from $12.59 to $10.47 per share [4].