TMCnet News

IMPORTANT INVESTOR ALERT: Goldberg Law PC Reminds Investors with Losses Greater Than $100,000 in Nationstar Mortgage Holdings Inc. of August 3, 2015 Deadline
[July 03, 2015]

IMPORTANT INVESTOR ALERT: Goldberg Law PC Reminds Investors with Losses Greater Than $100,000 in Nationstar Mortgage Holdings Inc. of August 3, 2015 Deadline


Goldberg Law PC (www.Goldberglawpc.com) reminds investors in Nationstar Mortgage Holdings Inc. ("Nationstar" or the "Company") (NYSE: NSM), who purchased or otherwise acquired shares between February 27, 2014 and May 4, 2015, inclusive (the "Class Period"), of the August 3, 2015 deadline to file a motion to be appointed as lead plaintiff.

If you are a shareholder who suffered a loss during the Class Period, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey, CA (News - Alert) 90292, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm's website at http://www.Goldberglawpc.com, or by email at [email protected].



The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Nationstar is a real estate services company that provides mortgage servicing and origination to single-family residences throughout the country. The complaint alleges Nationstar issued false and/or misleading statements. In particular, it is alleged that Nationstar: (i) failed to comply with laws and regulations for mortgage servicing rights ("MSRs"); (ii) illegally enhanced its profits through unsustainable means, such as charging for repeated and unnecessary inspections; and (iii) was experiencing significantly increased costs of servicing MSRs with diminished profitability, in part because of a probe into the company's loan servicing practices by the New York State Department of Financial Services.


On May 5, 2015, Nationstar's common stock plummeted following the release of the Company's first quarter results. The Company reported a net loss of $48.3 million, and shares closed at $19.51.

If you have any questions concerning your legal rights in this case, please immediately contact Goldberg Law PC at 800-977-7401, via email at [email protected], or visit our website at Goldberglawpc.com.

Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


[ Back To TMCnet.com's Homepage ]