ylliX - Online Advertising Network
Press Release

Moore Kuehn, PLLC Encourages Investors of Rocket Companies, Inc. to Contact Law Firm

Moore Kuehn, PLLC Encourages Investors of Rocket Companies, Inc. to Contact Law Firm

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

NEW YORK, July 13, 2021 /PRNewswire/ — Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating potential claims involving directors and officers regarding possible breaches of fiduciary duties related to whether insiders caused their companies to make false and/or misleading statements and/or failed to disclose, among other things, that: Rocket Companies, Inc. (NYSE:   RKT) Rocket Companies, Inc. (“Rocket”) had growing competition culminating in contracting gain-on-sale margins, Rocket was engaged in a price war with its foremost competitors in the wholesale market, further compressing margins, and these adverse trends were accelerating such that Rocket’s gain-on-sale margins were on track to fall at least 140 basis points for the first half of 2021. Investors began to learn the truth, around May 5, 2021, when Rocket and senior management announced disappointing financial results for the first quarter ended March 31, 2021.

...read full article on PRNewsWire

ylliX - Online Advertising Network