John Wiley & Sons Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm
BOSTON, June 15, 2023 (GLOBE NEWSWIRE) -- Block & Leviton is investigating John Wiley & Sons, Inc. (NYSE: WLY) for potential securities law violations. Investors who have lost money in their John Wiley & Sons, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/wly.*What is this all about?*
On March 9, 2023, multi-national publisher, John Wiley & Sons, Inc. announced Q3 2023 financial results in which it disclosed issues at Hindawi, a Wiley-owned publisher of peer-reviewed, open access scientific journals.
The Hindawi special issues publishing program was suspended temporarily for several months between October 2022 and January 2023 due to compromised articles targeted by paper mills and bad actors who fabricated content per a March 28, 2023 Science article.
Shares of John Wiley & Sons, Inc. stock dropped more than 17% in intraday trading on March 9, 2023.
*Who is eligible?*
Anyone who purchased John Wiley & Sons, Inc. stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
*What is Block & Leviton doing?*
Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
*What should you do next?*
If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.
*Why should you contact Block & Leviton?*
Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.
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CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: cases@blockleviton.com
SOURCE: Block & Leviton LLP
www.blockleviton.com