{"id":509836,"date":"2021-07-06T11:51:20","date_gmt":"2021-07-06T15:51:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\/"},"modified":"2021-07-06T11:51:20","modified_gmt":"2021-07-06T15:51:20","slug":"contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\/","title":{"rendered":"ContextLogic dba Wish Investor Alert: Goldman Scarlato &amp; Penny Investor Rights Lawyers Evaluate Potential Individual, Non-Class Action Claims on Behalf of WISH Investors"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PHILADELPHIA<\/span> and <span class=\"xn-location\">CLEVELAND<\/span>, <span class=\"xn-chron\">July 6, 2021<\/span> \/PRNewswire\/ &#8212; The investor rights attorneys at Goldman Scarlato &amp; Penny, PC law firm (&#8220;GSP&#8221;) are evaluating potential claims for compensation on behalf of investors who purchased in ContextLogic Inc. (Nasdaq: WISH) shares in its initial public offering (&#8220;IPO&#8221;) and suffered losses. The GSP attorneys&#8217; plan to seek compensation for WISH investors individually, rather than in a class action. Each investor&#8217;s situation must be individually evaluated before representation is offered. Institutional investors and family offices may consider individual representation.<\/p>\n<p>ContextLogic dba WISH is a e-vapor company founded in 2010 and headquartered in <span class=\"xn-location\">San Francisco<\/span>. In December 202o, the company published a Prospectus offering 46,000,000 shares approved for listing on Nasdaq at <span class=\"xn-money\">$24<\/span> per share.<\/p>\n<p>In <span class=\"xn-chron\">March 2021<\/span>, ContextLogic dba Wish announced its results for the period ended <span class=\"xn-chron\">December 31, 2020<\/span>, disclosing that the number of Wish monthly active users declined 10% year-over-year. The announcement caused a price decline, closing at <span class=\"xn-money\">$15.94<\/span> on <span class=\"xn-chron\">March 8, 2021<\/span>. The price was further affected in <span class=\"xn-chron\">May 2021<\/span> when Wish reported lower expected financial results compared to the first quarter. The news brought the price per share down to a <span class=\"xn-money\">$8.11<\/span> on <span class=\"xn-chron\">May 13, 2021<\/span>.<\/p>\n<p>\n        <b>WISH Investors May Be Able to Pursue Individual Claims<\/b>\n      <\/p>\n<p>Investor rights attorneys <span class=\"xn-person\">Alan Rosca<\/span> and <span class=\"xn-person\">Paul Scarlato<\/span> have been investigating certain alleged misrepresentations and omissions by ContextLogic dba Wish in connection with its IPO and are preparing to take action on behalf of some of the WISH investors and seek compensation for their losses, separately from any pending class action. Investors in Wish interested in filing individual claims may contact attorneys\u00a0Rosca or\u00a0Scarlato for a free, no-obligation evaluation of their options at 888-998-0530,\u00a0<a target=\"_blank\" href=\"mailto:rosca@lawgsp.com\" rel=\"nofollow noopener\">rosca@lawgsp.com<\/a>\u00a0or by leaving a message on <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3218677-1&amp;h=2322430850&amp;u=https%3A%2F%2Finvestorlawyers.org%2Fcontextlogic-wish-investor-center%2F&amp;a=https%3A%2F%2Finvestorlawyers.org%2Fcontextlogic-wish-investor-center%2F\" rel=\"nofollow noopener\">https:\/\/investorlawyers.org\/contextlogic-wish-investor-center\/<\/a>.<\/p>\n<p>The GSP investor rights attorneys have decades of combined experience representing investors who lost money as a\u00a0result of investment misconduct. They take most cases of this type on a contingency fee basis and advance the case costs. There are no fees or costs if no recovery.<\/p>\n<p>Visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3218677-1&amp;h=191776998&amp;u=https%3A%2F%2Finvestorlawyers.org%2F&amp;a=https%3A%2F%2Finvestorlawyers.org\" rel=\"nofollow noopener\">https:\/\/investorlawyers.org<\/a>\u00a0for more information about the firm and GSP attorneys&#8217; background and admissions to practice law. This release may be deemed to include Attorney Advertising. There has been no finding of liability as to the allegations herein. \u00a9 GSP 2021.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH33723&amp;sd=2021-07-06\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/contextlogic-dba-wish-investor-alert-goldman-scarlato--penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors-301326155.html\">https:\/\/www.prnewswire.com\/news-releases\/contextlogic-dba-wish-investor-alert-goldman-scarlato&#8211;penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors-301326155.html<\/a><\/p>\n<p>SOURCE  Goldman Scarlato &amp; Penny, P.C.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH33723&amp;Transmission_Id=202107061148PR_NEWS_USPR_____PH33723&amp;DateId=20210706\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PHILADELPHIA and CLEVELAND, July 6, 2021 \/PRNewswire\/ &#8212; The investor rights attorneys at Goldman Scarlato &amp; Penny, PC law firm (&#8220;GSP&#8221;) are evaluating potential claims for compensation on behalf of investors who purchased in ContextLogic Inc. (Nasdaq: WISH) shares in its initial public offering (&#8220;IPO&#8221;) and suffered losses. The GSP attorneys&#8217; plan to seek compensation for WISH investors individually, rather than in a class action. Each investor&#8217;s situation must be individually evaluated before representation is offered. Institutional investors and family offices may consider individual representation. ContextLogic dba WISH is a e-vapor company founded in 2010 and headquartered in San Francisco. In December 202o, the company published a Prospectus offering 46,000,000 shares approved for listing on Nasdaq at $24 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ContextLogic dba Wish Investor Alert: Goldman Scarlato &amp; Penny Investor Rights Lawyers Evaluate Potential Individual, Non-Class Action Claims on Behalf of WISH Investors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-509836","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ContextLogic dba Wish Investor Alert: Goldman Scarlato &amp; Penny Investor Rights Lawyers Evaluate Potential Individual, Non-Class Action Claims on Behalf of WISH Investors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ContextLogic dba Wish Investor Alert: Goldman Scarlato &amp; Penny Investor Rights Lawyers Evaluate Potential Individual, Non-Class Action Claims on Behalf of WISH Investors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PHILADELPHIA and CLEVELAND, July 6, 2021 \/PRNewswire\/ &#8212; The investor rights attorneys at Goldman Scarlato &amp; Penny, PC law firm (&#8220;GSP&#8221;) are evaluating potential claims for compensation on behalf of investors who purchased in ContextLogic Inc. (Nasdaq: WISH) shares in its initial public offering (&#8220;IPO&#8221;) and suffered losses. The GSP attorneys&#8217; plan to seek compensation for WISH investors individually, rather than in a class action. Each investor&#8217;s situation must be individually evaluated before representation is offered. Institutional investors and family offices may consider individual representation. ContextLogic dba WISH is a e-vapor company founded in 2010 and headquartered in San Francisco. In December 202o, the company published a Prospectus offering 46,000,000 shares approved for listing on Nasdaq at $24 &hellip; Continue reading &quot;ContextLogic dba Wish Investor Alert: Goldman Scarlato &amp; Penny Investor Rights Lawyers Evaluate Potential Individual, Non-Class Action Claims on Behalf of WISH Investors&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-06T15:51:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH33723&amp;sd=2021-07-06\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ContextLogic dba Wish Investor Alert: Goldman Scarlato &amp; 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(Nasdaq: WISH) shares in its initial public offering (&#8220;IPO&#8221;) and suffered losses. The GSP attorneys&#8217; plan to seek compensation for WISH investors individually, rather than in a class action. Each investor&#8217;s situation must be individually evaluated before representation is offered. Institutional investors and family offices may consider individual representation. ContextLogic dba WISH is a e-vapor company founded in 2010 and headquartered in San Francisco. In December 202o, the company published a Prospectus offering 46,000,000 shares approved for listing on Nasdaq at $24 &hellip; Continue reading \"ContextLogic dba Wish Investor Alert: Goldman Scarlato &amp; Penny Investor Rights Lawyers Evaluate Potential Individual, Non-Class Action Claims on Behalf of WISH Investors\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-06T15:51:20+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH33723&amp;sd=2021-07-06","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/contextlogic-dba-wish-investor-alert-goldman-scarlato-penny-investor-rights-lawyers-evaluate-potential-individual-non-class-action-claims-on-behalf-of-wish-investors\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ContextLogic dba Wish Investor Alert: Goldman Scarlato &amp; 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