{"id":61313,"date":"2021-11-06T10:24:37","date_gmt":"2021-11-06T10:24:37","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=82079"},"modified":"2021-11-06T10:24:37","modified_gmt":"2021-11-06T10:24:37","slug":"ldi-final-deadline-rosen-global-investor-counsel-encourages-loandepot-inc-investors-to-secure-counsel-before-important-november-8-deadline-in-securities-class-action-ldi","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/ldi-final-deadline-rosen-global-investor-counsel-encourages-loandepot-inc-investors-to-secure-counsel-before-important-november-8-deadline-in-securities-class-action-ldi\/","title":{"rendered":"LDI FINAL DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages loanDepot, Inc. Investors to Secure Counsel Before Important November 8 Deadline in Securities Class Action \u2013 LDI"},"content":{"rendered":"
\n

NEW YORK, Nov. 06, 2021 (GLOBE NEWSWIRE) — WHY:<\/strong>\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of loanDepot, Inc. (NYSE: LDI) pursuant and\/or traceable to the registration statement and related prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with loanDepot\u2019s February 16, 2021 initial public offering (the \u201cIPO\u201d) of the important November 8, 2021 lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong> If you purchased loanDepot securities pursuant and\/or traceable to the IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the loanDepot class action, go to http:\/\/www.rosenlegal.com\/cases-register-2156.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 8, 2021<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, the Registration Statement featured false and\/or misleading statements and\/or failed to disclose that: (1) loanDepot\u2019s refinance originations had already declined substantially at the time of the IPO due to industry over-capacity and increased competition; (2) loanDepot\u2019s gain-on-sale margins had already declined substantially at the time of the IPO; (3) as a result, loanDepot\u2019s revenue and growth would be negatively impacted; and (4) as a result of the foregoing, defendants\u2019 positive statements about loanDepot\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the loanDepot class action, go to http:\/\/www.rosenlegal.com\/cases-register-2156.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 06, 2021 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of loanDepot, Inc. (NYSE: LDI) pursuant and\/or traceable to the registration statement and related prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with loanDepot\u2019s February 16, 2021 initial public offering (the \u201cIPO\u201d) of [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,53,343],"tags":[],"yoast_head":"\nLDI FINAL DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages loanDepot, Inc. 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