LOS ANGELES, Aug.  07, 2026  (GLOBE NEWSWIRE) -- Schall, Brown &amp; Schwartz LLP (&#34;SBS&#34;), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wix.com Ltd.

WIX Investors Have Opportunity to Lead Wix.com Ltd. Securities Fraud Lawsuit with SBS Law

Wix faces securities class-action over AI claims with near-term downside risk

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>LOS ANGELES, Aug.  07, 2026  (GLOBE NEWSWIRE) -- Schall, Brown &amp;amp; Schwartz LLP (&amp;#34;SBS&amp;#34;), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wix.com Ltd.</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Wix.com is confronting a securities class-action alleging misstatements about its AI products, including Harmony and Base44. The suit covers February 19, 2025 to May 12, 2026, with a September 22, 2026 deadline for lead plaintiff petitions. While the risk is real, material financial impact hinges on case progression, certification, and any settlement outcomes.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Wix named in securities-class action over AI misstatements. Claims target Harmony/Base44.</li><li>Class period: Feb 19, 2025–May 12, 2026.</li><li>Deadline for lead plaintiff filings: Sept 22, 2026.</li><li>Case not certified yet; impact uncertain.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Wix.com Ltd. (WIX)</strong>: Subject of securities class action alleging AI-related misstatements.</li><li><strong>Schall, Brown &amp; Schwartz LLP (N/A)</strong>: Plaintiff-law firm promoting lead plaintiff appointments; not a market entity.</li></ul>
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  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. Direct securities-law action involving Wix; potential sentiment and risk implications, though materiality depends on case progression.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Lead plaintiff deadline Sept 22, 2026 could trigger volatility.</li><li>Allegations center AI product misstatements, impacting sentiment on Wix.</li><li>No certification yet, limiting immediate price impact.</li><li>Wix&#039;s Harmony/Base44 AI strategy remains a risk factor.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Case period: Feb 19, 2025 to May 12, 2026.</li><li>Deadline for lead plaintiff filings: Sept 22, 2026.</li><li>Allegations: Wix overstated consumer appeal and costs of AI products Harmony and Base44.</li><li>Filed by Schall, Brown &amp; Schwartz LLP.</li><li>Class certification status: not yet determined.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term: neutral to modest downside risk if the case advances; monitor milestones over 3–6 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>LOS ANGELES, Aug.  07, 2026  (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=eRyc-7RHERAyRO7tW-ZqkPbYp2HLclOtxCZ4d-LrBpj0PzPwVAlx1ZZo3WblLfuzyAt7mpapLvITAZ9IGbJDbARLVPL9m7qAlVhmBa4X6pMVmOctIVxqcLYBsKz4oUmr" rel="nofollow" target="_blank">Schall, Brown &amp; Schwartz LLP</a> ("SBS"), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wix.com Ltd. ("Wix" or "the Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/WIX">WIX</a>) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.</p>  <p>Shareholders who purchased shares of WIX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.</p>  <p><strong>CLASS PERIOD:</strong> February 19, 2025 to May 12, 2026</p>  <p><strong>DEADLINE: </strong>September 22, 2026</p>  <p>If you are a shareholder who suffered a loss, <a href="https://www.globenewswire.com/Tracker?data=aODWmUyvzK5V1PYrtXN-Kj_S_y3aNAdk0__HYv7qo-fxA7kAepx350mOb-cPSn4NHdy9KMmpkkfN5Y0vNnAB4faGhUo8tSb1BroD1XWQSSdSAL4wztv0i_ahiK2hgymU" rel="nofollow" target="_blank">click here to participate</a>.</p>  <p><strong>CASE DETAILS: </strong>According to the Complaint, the Company made false and misleading statements to the market. Wix overstated the consumer appeal and competitiveness of its AI products, including the Wix Harmony platform and its Base44 acquisition. The Company also misled investors about the true costs of building and marketing AI products. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Wix, investors suffered damages.</p>  <p>We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown &amp; Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm&#39;s website at <a href="https://www.globenewswire.com/Tracker?data=ViCkZmXEFgFMCxV18pa3Y1UT1Y6yydWrW7S326UaJW406x1mPNwuihaVJMWlYXIM26NRUxzoMkXc8aH_DDGYTXjLEV_9qUIQkcHxUUvptBQ=" rel="nofollow" target="_blank"><u>www.schallfirm.com</u></a>, or by email at <a href="https://www.globenewswire.com/Tracker?data=VXVyA7aZkPTs3GvgHJjr_Knjuy6Y4bimMJJEBoPTJYQu9BmHKmIwq7lFAT2nesSa8tJ6nTCmWuppT8zkefkRv_4jX0mxJHlfvOIwW0OgmzA=" rel="nofollow" target="_blank">david@schallfirm.com</a>.</p>  <p>The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.</p>  <p><a href="https://www.globenewswire.com/Tracker?data=JnZy4fsM5u3Gnp7RqCTKoYS6dbND3-VwOHx1HPoKBlpbfaccfJW1ggMuJd8_ievIVtZAWXj9HDEUaL9EvOhb6iEyOi7OoVlBEA8UZK2wd64ODFsMOa3Y6bXKaHN2_xR5" rel="nofollow" target="_blank">Join the case</a> to recover your losses</p>  <p><strong>WHY SBS?</strong> Schall, Brown &amp; Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.</p>  <p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        </p>  <p><strong>CONTACT:</strong></p>  <p>Schall, Brown &amp; Schwartz LLP<br></br>Brian Schall, Esq.,<br></br>Andrew Brown, Esq.,<br></br>David Schwartz, Esq.,<br></br><a href="https://www.globenewswire.com/Tracker?data=ViCkZmXEFgFMCxV18pa3Y7nso9n9cCLi79EkmjZ2egW8Nkn8fcRsnwtG2B03QoyzJMIA393cFCH4JQDKb8rPIKYflerNh65c-XauY3KkZj0=" rel="nofollow" target="_blank">www.schallfirm.com</a><br></br>Office: 310-301-3335<br></br><a href="https://www.globenewswire.com/Tracker?data=Nnay29EjAKkO4CN5JDIY9CTYpzwVEcR_LiPn90JkdMZOUNy1_7Q0n9_iA2dKtCv-Mn6h__vE9Cplee5HkRxTtIP94SliLSMfzrM9VW54y6E=" rel="nofollow" target="_blank"><u>info@schallfirm.com</u></a></p>  <p><strong>SOURCE:</strong></p>  <p><strong> </strong>Schall, Brown &amp; Schwartz LLP</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwNjAwNiM3NzY1MjQ2IzIxMjM4NjI="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NWY4NjczMjYtMzU2Ni00M2IxLTkxNGQtYzM2YmEzOTNhMDRiLTExMzU0MzMtMjAyNi0wOC0wNy1lbg==/tiny/Schall-Law.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/0b1ae5f6-3843-4b48-9c73-0b3760ba856a"><img src="https://ml.globenewswire.com/media/0b1ae5f6-3843-4b48-9c73-0b3760ba856a/small/logo-sbs-jpg.jpg" border="0" width="150" height="145" alt="Primary Logo"></img></a></p>

Wix.com is confronting a securities class-action alleging misstatements about its AI products, including Harmony and Base44. The suit covers February 19, 2025 to May 12, 2026, with a September 22, 2026 deadline for lead plaintiff petitions. While the risk is real, material financial impact hinges on case progression, certification, and any settlement outcomes.

News insight

WIX Investors Have Opportunity to Lead Wix.com Ltd. Securities Fraud Lawsuit with SBS Law

AI summary

Sentiment rationale

Key facts

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