PRNewswire note reiterates that a class action lawsuit remains in place against Wix.com (WIX) alleging violations of §§10(b) and 20(a) of the Securities Exchange Act and Rule 10b-5. While no new financial impact is disclosed in the excerpt, ongoing securities litigation is a modest overhang for investors.
PRNewswire note reiterates that a class action lawsuit remains in place against Wix.com (WIX) alleging violations of §§10(b) and 20(a) of the Securities Exchange Act and Rule 10b-5. While no new financial impact is disclosed in the excerpt, ongoing securities litigation is a modest overhang for investors.
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mildly negative
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