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The Gross Law Firm Notifies Rocket Companies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – RKT
GlobeNewswire News Room· 2025-06-26 20:32
NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=154293&from=3 CLASS PERIOD: March ...
The Gross Law Firm Reminds Rocket Companies, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 - RKT
Prnewswire· 2025-06-26 13:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of Rocket Companies, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical financial information during a specified class period [1][2]. Summary by Sections Class Period and Allegations - The class period for the lawsuit is from March 29, 2021, to April 1, 2021 [2]. - Allegations include that Rocket's gain on sale margins were contracting at the highest rate in two years due to increased competition among mortgage lenders and unfavorable shifts in operational segments [2]. - It is claimed that Rocket was engaged in a price war, further compressing margins in its Partner Network segment [2]. - The adverse trends were reportedly accelerating, with gain on sale margins expected to drop at least 140 basis points in the first half of 2021 [2]. - The favorable market conditions that previously allowed Rocket to achieve high gain on sale margins had disappeared, returning margins to levels not seen since Q1 2019 [2]. - Overall, the defendants' positive statements about the company's operations were deemed materially misleading [2]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 8, 2025, to participate in the case [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software [3]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [4]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to artificial inflation of stock prices [4].
Shareholders that lost money on Rocket Companies, Inc.(RKT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-06-24 20:09
NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team: https://www.zlk.com/pslra-1/rocke ...
Rocket Mortgage Puts Purchasing Power in the Hands of Clients with Bridge Loans - Enabling Homeowners to Buy Now, Sell Later
Prnewswire· 2025-06-24 13:00
Core Insights - Rocket Mortgage has launched a new bridge loan product aimed at helping homeowners access their equity before purchasing a new home, allowing them to compete with cash buyers in a tight housing market [1][2][3] Product Overview - The bridge loan enables homeowners to utilize their average equity of $181,000 to make strong offers on new homes without the need to sell their current property first [2][3] - Clients can receive up to six months to sell their home with interest-only payments during this period, provided they have their home listed or under contract [4] Market Context - The housing market remains competitive, with significant percentages of homes selling above asking prices in areas like San Jose (67.1%) and other cities in California [3] - The bridge loan addresses the challenges of buying and selling simultaneously, reducing stress and allowing buyers to secure the best offers for their existing properties [3] Company Mission - The introduction of the bridge loan aligns with Rocket Mortgage's mission to remove financial barriers in homeownership, complementing other initiatives like RocketRentRewards, which offers credits to first-time buyers [5] Company Background - Rocket Mortgage is the largest mortgage lender in the U.S. and has closed over $1.8 trillion in mortgage volume since its founding in 1985 [6] - The company has been recognized for client satisfaction, ranking 1 in both primary mortgage origination and servicing by J.D. Power [7]
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Rocket Companies Lawsuit – RKT
GlobeNewswire News Room· 2025-06-23 20:00
NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=153676&from=3 CLASS PERIOD: March ...
Class Action Filed Against Rocket Companies, Inc. (RKT) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-06-23 13:00
NEW YORK, June 23, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=153661&from=4 CLASS PERIOD: March 29, ...
Levi & Korsinsky Notifies Shareholders of Rocket Companies, Inc. (RKT) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-06-19 20:00
NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team: https://www.zlk.com/pslra-1/rocke ...
Rocket Companies, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before July 8, 2025 to Discuss Your Rights - RKT
Prnewswire· 2025-06-19 13:00
NEW YORK, June 19, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT).Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=153515&from=4CLASS PERIOD: March 29, 202 ...
RKT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Rocket Companies, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-06-18 20:00
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Rocket Companies, Inc. (“Rocket Companies” or “the Company”) (NYSE: RKT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ...
The Gross Law Firm Notifies Shareholders of Rocket Companies, Inc. (RKT) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-06-18 13:22
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=153436&from=3 CLASS PERIOD: March ...