Expired
Lead Plaintiff Deadline
Aug 20, 2021
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(i) Home Point’s aggressive expansion of its broker partners would dramatically increase the Company’s expenses; (ii) the mortgage industry was anticipating industry-wide decreased gain-on-sale margins as a result of rising interest rates in 2021 and Home Point would be subject to the same competitive pressures; (iii) accordingly, the Company had overstated its business and financial prospects; and (iv) as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein.
In order to be eligible to join the HMPT class action lawsuit, you must have incurred a loss on shares of Home Point purchased during the class period listed above.
If you suffered a loss in Home Point during the relevant time frame, you have until August 20, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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