Get Help
Wayfair investors should visit us at https://www.claimsfiler.com/cases/view-wayfair-inc-securities-litigation-1 or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
On November 1, 2018, pre-market, the Company disclosed shocking financial results for Q3 2018 including a staggering GAAP net loss of $151.7 million (compared to loss of $76.4 million in Q3 2017), and a 43% increase in advertising expenses of more than $202.5 million.
On this news, the price of Wayfair’s shares plummeted more than $14 per share, or nearly 13%, to close at $96.16 per share on November 1, 2018.
The case is Goodstein v. Wayfair Inc., et al., No. 19-cv-10062.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.