Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 30, 2021 to file lead plaintiff applications in a securities class action lawsuit against Rocket Companies, Inc. (NYSE: RKT).
Rocket Companies and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 5, 2021, the Company disclosed disappointing financial news, including closed loan volume within a range of only $82.5 to $87.5 billion and gain on sale margins within a range of only 2.65% to 2.95% for the second quarter of 2021, due to certain market trends that began in part “at the end of Q1.”
On this news, shares of Rocket Companies plummeted nearly 17% to close at $19.01 per share.
If you purchased shares of Rocket and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or fill out the form on this page.
The case is Qaiyum v. Rocket Companies, Inc., No. 21-cv-11528.
Click here to read the case complaint.