UWMC Securities Losses: UWM Holdings Investors with Losses on their Investment are Reminded to Contact BFA Law by October 13 Deadline in Securities Fraud Class Action
Bleichmar Fonti & Auld LLP announced a securities fraud class action against UWM Holdings Corporation and certain senior executives, soliciting investors with losses ahead of an October 13, 2026 lead plaintiff deadline in the U.S. District Court for the Eastern District of Michigan. The complaint alleges UWM misrepresented its mortgage servicing rights hedging strategy, over-hedging in anticipation of the $1.3 billion all-stock Two Harbors merger, which was terminated in March 2026 after CrossCountry Mortgage made a competing cash offer and paid UWM's termination fee.
Key figures
- Court
- U.S. District Court for the Eastern District of Michigan
- Case caption
- Bond v. UWM Holdings Corporation et al., No. 26-cv-12862
- Stock drop pct
- 34.78%
- Close aug 5 2026
- 1.84
- Close aug 6 2026
- 1.2
- Q2 2026 net loss
- $451.9 million
- Equity decline yoy
- 43.6%
- Stock drop per share
- 0.64
- Lead plaintiff deadline
- October 13, 2026
- Q2 2026 derivatives loss
- $603.2 million
- Two harbors merger value
- $1.3 billion
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.