Wix.com Faces Class Action Lawsuit from Investors

Wix.com is facing a class action lawsuit from investors alleging false statements and failure to disclose critical information between February 19, 2025, and May 12, 2026. The lawsuit, initiated by Bronstein, Gewirtz & Grossman, LLC, claims that issues with Wix Harmony's capabilities and underestimated AI project costs led to significant stock price declines and investor losses. Investors who purchased securities during this period are encouraged to apply as lead plaintiffs by September 22, 2026.