Pomerantz LLP is investigating claims on behalf of investors of Wheels Up Experience Inc. The investigation concerns whether Wheels Up and certain of its officers and directors engaged in securities fraud or other unlawful business practices. On February 19, 2026, Wheels Up reported full-year 2025 revenue of $736.5 million, down from $792.1 million in 2024, and net cash used in operating activities of $166.3 million, up from $77.9 million in 2024, causing its stock to fall 12.38% to $12.32 per share. Then on April 14, 2026, the company announced a 1-for-20 reverse stock split to regain NYSE compliance and meet Russell 3000 criteria, sending shares down 22.51% to $8.40 per share.
Wheels Up Experience IncInvestigation for securities fraud and poor financial results causing stock decline