Robbins Geller Rudman & Dowd LLP

Wix Investors Face Sept. 22 Deadline in AI-Claims Securities Suit

San Diego -- Investors who bought Wix.com Ltd. (NASDAQ: WIX) shares between February 19, 2025 and May 12, 2026 have until September 22, 2026 to seek lead plaintiff status in a securities class action filed against the web-development platform, according to Robbins Geller Rudman & Dowd LLP.

Lawsuit alleges Wix overstated AI competitiveness while understating development costs

The case, captioned Yappi v. Wix.com Ltd., No. 26-cv-08852 (N.D. Ill.), charges Wix and several top executives with violations of the Securities Exchange Act of 1934. The complaint alleges Wix overstated the performance of its AI offerings relative to competitors, understated the costs of developing and promoting them, and inflated the commercial benefits following its June 2025 acquisition of Base44, a 'vibe coding' app-building platform.

UWM Holdings Faces Class Action Over $603M Hedging Loss

San Diego – September 11, 2026 -- Investors who purchased UWM Holdings Corporation (NYSE: UWMC) securities between March 9, 2026 and August 5, 2026 have until October 13, 2026 to seek lead plaintiff status in a securities fraud class action filed against the mortgage lender.

UWM disclosed a $603.2 million derivatives loss tied to a failed merger hedge

The lawsuit, captioned Bond v. UWM Holdings Corporation, No. 26-cv-12862 (E.D. Mich.), alleges UWM and top executives violated the Securities Exchange Act of 1934 by concealing an outsized hedge position taken ahead of a since-collapsed $1.3 billion merger with Two Harbors Investment Corp. The all-stock deal, signed in December 2025 to expand UWM's mortgage servicing rights portfolio, was terminated by Two Harbors in March 2026 after a competing offer emerged; Two Harbors paid UWM's termination fee.