NYSE
W

Wayfair Inc.

Shareholder Securities Fraud Litigation

Rigrodsky & Long, P.A. Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Wayfair Inc. (NYSE: W)

Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities that purchased the common stock of Wayfair Inc. (“Wayfair” or the “Company”) (NYSE: W) between October 2, 2014 and August 31, 2015, inclusive (the “Class Period”), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the “Complaint”).

If you purchased shares of Wayfair during the Class Period, or purchased shares prior to the Class Period and still hold Wayfair, and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803 at (888) 969-4242; by e-mail to info@rl-legal.com.

The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company’s business, operations and prospects.  As a result of defendants’ alleged false and misleading statements, the Company’s stock traded at artificially inflated prices during the Class Period.

According to the Complaint, on August 31, 2015, analyst firm Citron Research published a report of Wayfair asserting, among other things, that Wayfair fails to mention Overstock.com as a competitor in its SEC filings despite the similarities between the companies.

On this news, shares in Wayfair dropped over 11%, closing at $37.30 per share on August 31, 2015, on heavy trading volume.

If you wish to serve as lead plaintiff, you must move the Court no later than November 22, 2015.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  Any member of the proposed class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

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