An investigation on behalf of current long-term investors in shares of Home Point Capital Inc. (NASDAQ: HMPT).
An investigation has been announced into potential breaches of fiduciary duties by certain directors and officers of Home Point Capital Inc.
Investors who are currently long-term investors in shares of Home Point Capital Inc. (NASDAQ: HMPT) have certain options and should contact the Shareholders Foundation at [email protected] or call +1 (858 ) 779 – 1554.
NASDAQ Law Firm Investigation of Current Long-Term Investors: HMPT Actions follow a lawsuit filed against Home Point Capital Inc. for alleged violations of securities laws. The investigation on behalf of current long-term investors in NASDAQ shares: HMPT, concerns the liability of certain directors of Home Point Capital in connection with the allegations made in this lawsuit.
According to this complaint filed with the United States District Court for the Eastern District of Michigan, the plaintiff alleges that the defendants violated federal securities laws. Specifically, the plaintiff claims that the offering documents which were filed in connection with the company’s IPO made false and / or misleading statements and / or failed to disclose that the aggressive expansion of Home Point of its broker partners would dramatically increase the company’s spending, as the mortgage industry anticipated declining industry-wide selling profit margins due to rising interest rates in 2021 and Home Point would be subject to the same competitive pressures, that as a result, the Company had overestimated its commercial and financial prospects, and that as a consequence, the Offer Documents were materially false and / or misleading and did not disclose the information. to be included.
Those who have purchased shares of Home Point Capital Inc. (NASDAQ: HMPT) have certain options and should contact the Shareholder Foundation. Contact: Shareholders Foundation, Inc.
Shareholders Foundation, Inc.
3111 Camino Del Rio North
San Diego, California 92108
Phone. : + 1- (858) -779-1554
Email: [email protected]
About the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio tracking and claims filing service and investor advocacy group that researches shareholder issues and informs investors of securities lawsuits. , regulations, judgments and other legal news concerning the stocks / financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support and assistance to every shareholder. The Shareholders Foundation, Inc. is not a law firm. The referenced cases, inquiries and / or settlements are not filed / initiated / obtained and / or are not related to the Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied on.
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