Contact The Gross Law Firm by July 8, 2025 Deadline to Join Class Action Against Rocket Companies, Inc. (RKT)

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 Allegations - The complaint alleges that during the class period from March 29, 2021, to April 1, 2021, Rocket's gain on sale margins were contracting at the highest rate in two years due to increased competition among mortgage lenders and a shift towards lower margin segments [2]. - Rocket was engaged in a price war with competitors in the wholesale market, further compressing margins in its Partner Network operating segment [2]. - The adverse trends were accelerating, with gain on sale margins expected to plummet by at least 140 basis points in the first half of 2021 [2]. - Favorable market conditions that previously allowed Rocket to achieve high gain on sale margins had vanished, returning to levels not seen since Q1 2019 [2]. - Company-wide gain-on-sale margins had fallen materially below recent historical averages, contradicting prior positive statements about business operations and prospects [2]. Next Steps for Shareholders - Shareholders who purchased shares of RKT during the specified timeframe are encouraged to register for the class action by July 8, 2025, to potentially be appointed as lead plaintiffs [3]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [3]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [4].