Workflow
RDFN Alert: Wohl & Fruchter LLP Files Class Action Lawsuit on Behalf of Shareholders of Redfin Corporation in the U.S. District Court for the Western District of Washington
RedfinRedfin(US:RDFN) GlobeNewswire News Roomยท2025-05-22 15:05

Core Viewpoint - A class action lawsuit has been filed against Redfin Corporation in connection with its proposed merger with Rocket Companies, Inc., alleging violations of the Securities Exchange Act of 1934 [1] Group 1: Lawsuit Details - The lawsuit, titled Morano v. Redfin Corporation, was filed on May 9, 2025, in the United States District Court for the Western District of Washington [1] - The class consists of individuals and entities holding Redfin common stock as of April 22, 2025, the close of business [1] - The proposed merger involves Redfin shareholders receiving 0.7926 shares of Rocket Class A common stock for each share of Redfin common stock they own [1] Group 2: Investor Notification - Redfin investors are informed that they may move the Court to serve as lead plaintiff within 60 days of the notice [2] - Additional information regarding the class action lawsuit can be obtained through a dedicated webpage or by contacting Wohl & Fruchter LLP directly [2] Group 3: Firm Background - Wohl & Fruchter LLP has over a decade of experience representing investors in litigation related to fraud and corporate misconduct, recovering hundreds of millions of dollars in damages [3]