UWMC

UWM Holdings Corporation faces a securities fraud class action lawsuit covering the period March 9 - August 5, 2026. The company allegedly failed to disclose that it had deviated from its traditional strategy by taking a major hedge position on mortgage servicing rights in anticipation of the Two Harbors acquisition.

When the deal fell through, the company reported a $603.2 million derivative loss and 43.6% year-over-year equity decline, causing stock to plummet 34.78% on August 6, 2026. The deadline to file a lead plaintiff motion is October 13, 2026.

A class action lawsuit has been filed against UWM Holdings Corporation alleging that the company made materially false and misleading statements regarding its hedging strategy for mortgage servicing rights during the period from March 9, 2026 to August 5, 2026. The complaint claims the company deviated from its traditional non-hedging strategy, over-hedged in anticipation of the Two Harbors transaction, and created excess hedging risk while making positive statements about its business that lacked reasonable basis.

Rosen Law Firm has announced an investigation into potential breaches of fiduciary duties by directors and officers of Sprout Social, Inc. The firm is encouraging shareholders to contact them regarding their rights. Additional securities class action investigations are also underway for Doximity, Inc. and UWM Holdings Corporation.