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LOS ANGELES -- (Business Wire)
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 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 info@goldberglawpc.com.
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 info@goldberglawpc.com,
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150703005335/en/
Contacts:
Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian
Schall, Esq., 800-977-7401
info@goldberglawpc.com
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Source: Goldberg Law PC
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