Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Wayfair Inc (NYSE: W) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Wayfair Inc (NYSE: W) concerning whether a series of statements by Wayfair Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 1, 2018, the Company revealed its third quarter 2018 financial results. The Company reported a $151.7 million net loss for the quarter under Generally Accepted Accounting Principles ("GAAP"), or $1.69 a share, compared with a GAAP loss of $76.4 million, or 88 cents a share, for the third quarter 2017.
On this news, NYSE: W fell more than $14 per share, almost 13%, to close down at $96.16 on November 1, 2018.
Based in Boston, Massachusetts, and founded in 2002 Wayfair Inc engages in the e-commerce business in the United States, Europe, and internationally.
If you purchased shares of Wayfair Inc (NYSE: W) on or before November 1, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Materials are provided for informational purposes only and do not constitute legal advice. We are only licensed to practice law in Germany. We are neither licensed nor qualified to render advice on US Federal or State law.
Thieler Law Corp
2534 State Street - Suite 406,
San Diego, CA 92101
by
email: mail@thielerlaw.com
or
telephone at +1 (619) 377 - 4324
or
visit our website http://www.thielerlaw.com/
or
Facsimile: +1 (619) 785 – 3185