Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

0

Settlement

1

Closed

0

Total Settlement

$5M

Home Point Capital Inc. (HMPT) Class Action Lawsuit (June 2021)

Settlement

4:21cv11457 • June 21, 2021

Class Period Start

January 29, 2021

Class Period End

June 29, 2023

PSLRA Deadline

August 20, 2021

Case Allegations

10b5 + Sec11

10b-5 Statutes of Repose

Jan 29, 2024

Sec11 Statutes of Repose

Jan 29, 2024

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

April 15, 2024

Settlement Fund

$5,000,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that ALL PERSONS AND ENTITIES THAT PURCHASED OR OTHERWISE ACQUIRED HOME POINT CAPITAL INC. (“HOME POINT” OR THE “COMPANY”) COMMON STOCK IN THE COMPANY’S JANUARY 29, 2021 INITIAL PUBLIC OFFERING (“IPO”) OR PURCHASED HOME POINT COMMON STOCK AFTER THE IPO AND ON OR BEFORE JUNE 21, 2021 IN THE STOCK MARKET PURSUANT AND/OR TRACEABLE TO THE COMPANY’S OFFERING DOCUMENTS ISSUED IN CONNECTION WITH THE IPO

Claim Administrator

Gilardi & Co. LLC
Home Point Securities Settlement c/o Gilardi & Co. LLC P.O. Box 301133 Los Angeles, CA 90030-1133
+1 888-858-5984
[email protected]

Hearing Date

May 14, 2024

Opt-out Deadline

April 23, 2024

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jun 28, 2024

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Apr 9, 2024

Motion for Final Approval of Settlement

The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.

Nov 30, 2023

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Nov 30, 2023

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Sep 15, 2023

Proposed Settlement

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