Securities Class Action Filed Against Wayfair by Block & Leviton LLP; Shareholders Are Encouraged to Contact the Firm

BOSTON, MA / ACCESSWIRE / January 17, 2019 / Block & Leviton LLP (www.blockesq.com), a Boston based securities litigation firm representing investors nationwide, informs investors that it has filed a securities fraud class action against Wayfair Inc. ("Wayfair" or the "Company") (NYSE:W) and certain of its officers alleging violations of the federal securities laws in federal court in Boston. Class members interested in serving as lead plaintiff are required to move for appointment by March 11, 2019, and are encouraged to contact Block & Leviton LLP to learn more.

The Complaint filed in the United States District Court, District of Massachusetts (Boston), captioned McKenzie v. Wayfair Inc., Case No. 19-cv-10102 alleges that throughout the Class Period the Defendants misled investors about Wayfair's third quarter prospects, failed to disclose large increases in Wayfair's expenses, and that certain officers sold significant amounts of their stock before revealing a larger than expected third quarter loss.

If you purchased or otherwise acquired Wayfair securities between August 2, 2018, and October 31, 2018, and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact Attorney Dan DeMaria at (617) 398-5660, by email at dan@blockesq.com, or by visiting http://shareholder.law/wayfair.

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

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CONTACT:

BLOCK & LEVITON LLP
Dan DeMaria
(617) 398-5660 phone
155 Federal Street, Suite 400
Boston, MA 02110
dan@blockesq.com

SOURCE: Block & Leviton LLP