Wise Group plc (NASDAQ: WSE) Investor Alert: Lawsuit seeks to recover Investor Losses

An investor, who purchased shares of Wise Group plc (NASDAQ: WSE), filed a lawsuit in the U.S. over alleged violations of Federal Securities Laws by Wise Group plc in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Wise Group plc (NASDAQ: WSE) have certain options and for certain investors are short and strict deadlines running. Deadline: September 29, 2026. NASDAQ: WSE investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

London based Wise Group plc provides cross-border and domestic financial services in the United Kingdom, the rest of Europe, the Asia-Pacific, North America, and internationally. Wise Group plc (NASDAQ: WSE) reported that its Total Revenue rose from $1.94 billion for the 12 months period that ended on March 31, 2024 to $2.34 billion for the 12 months period that ended on March 31, 2025, and that its Net Income over those respective time periods increased from $447.68 million to $548.96 million.

On June 1, 2026, before the market opened, Reuters published an article entitled "Fintech Wise's shares fall on Belgian money-laundering investigation." The Reuters article reported that "London-listed shares fell by more than 10% on Monday on news that the Brussels Public Prosecutor's Office is investigating its European entity in cases the prosecutor said reportedly involve more than half a billion euros ($582.5 million) in suspicious transactions." The article added that "[t]he prosecutor's office said the investigation, which began last year and is nearing completion, concerns potential money laundering offences, with alleged links to fraud, corruption and drug trafficking" and that "[p]rosecutors are investigating whether Wise Europe's services were used by international criminal organisations, and are ⁠currently finalising a direct summons before the criminal court." That same day, Wise Group allegedly filed a Form 6-K with the SEC, disclosing in part that "[w]e are currently working with the Brussels prosecutor to respond to queries about our business, as we routinely do with regulators and law-enforcement authorities."

Then, on July 24, 2026, The Wall Street Journal published an article entitled "Wise Group Shares Drop After U.S. Regulator Denies License on Shortcomings." The article allegedly reported, among other things, that "London-listed shares in fintech company Wise Group fell after U.S. regulators denied its application for a national trust bank license, citing deficiencies in its program to combat money laundering and terrorism financing" and that "[t]he Office of the Comptroller of the Currency said in its rejection letter that Wise's application presented significant supervisory and compliance concerns. It cited long-standing deficiencies in anti-money laundering and countering the financing of terrorism at Wise U.S."

Shares of Wise Group plc (NASDAQ: WSE) declined from $14.49 per share on May 12, 2026, to as low as $11.22 per share on July 24, 2026.

The plaintiff claims that between May 11, 2026 and July 23, 2026, the defendants made false and/or misleading statements and/or failed to disclose that in order to have a successful debut on the NASDAQ, the defendants materially understated Wise Group's regulatory risks as a result of its materially deficient anti-money laundering efforts, as well as insufficient efforts to prevent the financing of terrorism, and that as a result, the defendants' statements about Wise Group's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Wise Group plc (NASDAQ: WSE) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.